Glass Lining News Today

GMM Pfaudler announced that it has commenced manufacturing operations at its facility at Vatva near Ahmedabad on May 24, 2021. The new facility will immediately enhance the companys capacity in Heavy Engineering while freeing up capacity in Karamsad to expand our Glass Lining business. The facility in Vatva, spread over 11.9 acres with seven manufacturing bays (built-up area of 23,617 square meters) is equipped to manufacture a wide range of Heavy Engineering equipment with a crane lifting capa...

The benchmark indices were trading in narrow range in early afternoon trade. The Nifty was hovering above 15,250 level. The moderation in daily new COVID-19 cases in India improved investors risk appetite. Upbeat Asian stocks also boosted sentiment. At 12:20 IST, the barometer index, the S&P BSE Sensex, rose 114.73 points or 0.23% at 50,766.63. The Nifty 50 index gained 52.35 points or 0.34% at 15,250.05. In the broader market, the S&P BSE Mid-Cap index rose 0.07% while the S&P BSE Small-Cap in...

Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 240.26 points or 0.47% at 50,892.16. The Nifty 50 index was up 72.75 points or 0.48% at 15,270.45. The moderation in daily new COVID-19 cases in India improved risk sentiments. Upbeat Asian stocks also boosted sentiment. The S&P BSE Mid-Cap index was up 0.66%. The S&P BSE Small-Cap index was up 0.78%. The market breadth, indicating the overall he...

On a consolidated basis, Grasim Industries net profit jumped 14% to Rs 1,715 crore on 26% increase in revenue from operations to Rs 24,398.92 crore in Q4 March 2021 over Q4 March 2020. Bank of India said that the bank has decided to exercise call option on Bank of India Tier II Bonds Series XIII and declare 6 June as Record Date for this purpose. The bonds were issued on 7 July 2016 and carry a coupon rate of 8.57% pa, payable annually with call option on 7 July 2021. GMM Pfaudler (GMMP) has an...

GMM Pfaudler has announced that it has commenced manufacturing operations at its facility at Vatva near Ahmedabad on 24 May 2021. GMMP had acquired the assets (factory land, building, plant and machinery, office equipment, computers, furniture and fixtures, vehicles and capital work in progress) owned by HDO Technologies (in Liquidation) through an e-auction in March 2021. The new facility, which signals GMMPs long-term commitment towards meeting the demands of its customers, will immediately...