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Aarti Industries has secured a Rs 6,000-crore contract for a niche specialty product from an existing customer. The supply is expected to commence from CY24, with a revenue run rate of Rs 1,500 crore per year. The company anticipates good demand growth for this product and plans to debottleneck its capacity. There is potential for increasing the contract size in the future. The EBITDA margin for this contract is around 15-17%. ....
Stock Market Live Updates: Sensex gains 350 pts, Nifty above 21,700 in early trade; IT sector in focus thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Aarti Industries secures long-term supply contract with global agrochemicals company thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.