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At least six people have been killed in a massive fire which broke out in a gloves manufacturing factory in Waluj MIDC area of Aurangabad (Chhatrpati Sambhaji Nagar) in the intervening night of Dec 30 and 31, 2023.
FDC rose 2.33% to Rs 333.20 after the company said it plans to expand its production capacity at Waluj plant in Maharashtra by installing an additional BFS machine.FDC said it is in the process of expanding its production capacity by installation of an additional BFS machine at one of its existing plants located at Waluj in Maharashtra. The estimated cost of expansion would be around Rs 74 crore at first stage and around Rs 26 crore at later stage. The said process is spread over a period of 20 months. "The total production capacity of the said plant is likely to be increased by 30 to 33% aft...