Planned capacity expansion positions the business well for a strong growth in the coming years. Diversification into newer product lines also on the anvil.
PG Electroplast Ltd to form JV with Jaina Group for manufacturing LED Televisions equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
On Monday 1473 stocks advanced, 2200 declined and 157 remained unchanged, with an advance decline ratio of 0.67 on the Bombay Stock Exchange (BSE). The benchmark was able to maintain a slight gain thanks to active buying in heavyweight stocks, mainly Reliance Industries.
India Mobile Brands: These brands said they hope to win back market share since consumers don’t have any choice in the entry level price whereby they are forced to buy either refurbished smartphones, on finance schemes or holding back on their purchases. Karbonn is looking to launch a smartphone priced at Rs 4,999, while Micromax at Rs 5,999 but in talks with telecom operators to bundle the handset at Rs 4,999.