MoneyWorks4Me

Balmer Lawrie eyes to market ‘Balmerol’ brand of lubricants: Report

28 Apr 2015 Evaluate

In a bid to double its market share over the next five years, Balmer Lawrie is reportedly looking to market ‘Balmerol’ brand of lubricants and expand its distribution network. The major focus would be on the automotive retail business, which will drive growth and profitability. This would be done by leveraging and rapidly expanding the distribution network in focused markets and effective brand building.

Balmer Lawrie & Company, a Government company and a Mini-Ratna Category / Public Sector Enterprise, operates one of the largest travel agencies in India affiliated to IATA.

Peers
Company Name CMP
Grasim Industries 3067.50
DCM Shriram 916.70
3M India 32111.10
Hindustan Foods 575.30
Balmer Lawrie & Co 161.25
View more..