Deepak Nitrite’s wholly-owned subsidiary — Deepak Phenolics has commenced commercial production at its Mega-Plant for Phenol & Acetone. This facility, aligned with the ‘Make in India’ initiative of Government of India, has capacity to manufacture 200,000 MTPA of Phenol and 120,000 MTPA of its co-product Acetone. This is supported by capacity to manufacture 260,000 MT … Read more
Hero MotoCorp has sold 734,668 units of motorcycles and scooters in October 2018, a growth of 16.4% over the corresponding month of the previous fiscal (October 2017) when the Company had sold 631,105 units. Fortifying its market leadership with a strong sales growth trajectory, this is the fourth occasion in this fiscal (FY19), and sixth … Read more
Pitti Engineering has been awarded ‘Company of the Year – Manufacturing’ in Zee Business Dare to Dream Awards for Hyderabad Edition at a ceremony held in Hyderabad on October 31, 2018 organized by ZEE Business to celebrate the success of home grown innovative business and acknowledge the achievements of top performers from Indian Business. Pitti … Read more
Hero MotoCorp is currently trading at Rs. 2859.95, up by 68.50 points or 2.45% from its previous closing of Rs. 2791.45 on the BSE. The scrip opened at Rs. 2865.00 and has touched a high and low of Rs. 2887.00 and Rs. 2843.50 respectively. So far 962 shares were traded on the counter. The BSE … Read more
Bajaj Electricals has reported results for second quarter ended September 30, 2018. The company has reported 79.56% rise in its net profit at Rs 34.08 crore for the quarter under review as compared to Rs 18.98 crore for the same quarter in the previous year. Total income of the company increased by 69.55% at Rs … Read more
Berger Paints India has reported results for second quarter ended September 30, 2018. The company has reported a fall of 3.33% in its net profit at Rs 102.18 crore for the quarter under review as compared to Rs 105.70 crore for the same quarter in the previous year. However, total income of the company increased … Read more
Mahindra & Mahindra’s (M&M) Auto Sector has sold 58,416 vehicles in October 2018, compared to 51,160 vehicles during October 2017, a growth of 14%. The company’s domestic sales touched 55,350 vehicles during October 2018, as against 48,860 vehicles in October 2017. The Passenger Vehicles segment (which includes UVs, Cars and Vans) sold 24,066 vehicles in … Read more
