Premier has temporarily suspended its operations at its plant at Chinchwad in Pune, with effect from May 30, 2018. The company has suspended its operations due to certain acts of indiscipline by the Union committee and some of the workmen. This step has been taken as precaution to ensure the safety of the company's assets and its employees.
The company is taking requisite action to normalize the situation at the plant and resume operations shortly.
Premier is engaged in the manufacture of automobiles and machine tools. The company has manufactured the widest range of commercial vehicles, which includes Premier Padmini -- one of the popular cars in India.
Company Name | CMP |
---|---|
BHEL | 296.85 |
Bharat Electronics | 247.05 |
Thermax | 4928.40 |
Kirloskar Oil Eng | 1276.05 |
Praj Industries | 529.15 |
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