MoneyWorks4Me

Smruthi Organics’ workers commence strike in two plants at Solapur

16 Apr 2015 Evaluate

Smruthi Organics’ workers have commenced strike in its two plants at Solapur from April 13, 2015 onwards. The management of the company is very keen to restore the normal functioning and efforts are made to negotiate with the workers.

The strike may affect the working of the company and the financial performance during the current financial year.

Smruthi Organics is a mid-size, public limited, API manufacturing company from Solapur, India. The company has been part of successful contract manufacturing and custom synthesis agreements with leading European, American and Japanese customers.

Peers
Company Name CMP
Sun Pharma. Inds. 1760.00
Dr. Reddys Labs. 1231.85
Cipla 1325.00
Lupin 1955.80
Zydus Lifesciences 1124.30
View more..