Khaitan, in 1993, outran the Wadias of Bombay Dyeing to buy Union Carbide India in a $96.5-million deal.
Company believes the voluntary retirement scheme will lead to recurring annualised savings of around Rs 15 cr
The stock moved higher by 7% to Rs 219 on Monday, extending its Friday's 13% surge on the BSE in an otherwise weak market.
The sources indicated that Eveready was expecting an enterprise valuation of around Rs 5,000 crore
This was particularly due to a general trend of de-stocking in the trade channels, the company said
Company's revenue from operations rose by 6.6% at Rs 317 cr
Eyes JV partner in to-be-formed subsidiary, seeks Rs 10-15 cr investments a year in branding alone
The company's new appliances business has registered a turnover of Rs 12 crore during the quarter
The company is spending a little over Rs 100 crore to set up this plant
The stock was up 1.5% at Rs 218, extending its Thursday's 6% rally on the NSE.
Income from operations stood at Rs 371.35 crore as compared to Rs 366.99 crore in the year ago period
Muted rural demand, Chinese imports impact bottom line; net sales rise a nominal 3%
The standalone operating income of the company stood at Rs 283.25 crore in the quarter
The consumer small appliances market which is growing at 12% per annum, according to the company, will touch Rs. 25,000 cr by 2021 from the current Rs 10,000 cr
The stock surged 7% to Rs 249 on NSE after the company said that it plans to make a foray into home appliances sector.