MoneyWorks4Me

Aditya Birla Nuvo’s Jaya Shree Textiles workers go on strike

18 May 2017 Evaluate

Aditya Birla Nuvo’s workers at its group firm Jaya Shree Textiles in West Bengal have gone on strike. The workmen of Jaya Shree Textiles at Rishra, Hoogly, have gone on illegal strike from May 16. Turnover of the Jaya Shree Textiles division constituted about 25% of the total standalone turnover for the nine-month period ended December 31, 2016.

Jaya Shree Textiles is engaged in manufacturing of linen yarn, linen fabrics, worsted yarn and wool tops. Aditya Birla Nuvo is a premium conglomerate. It is part of the Aditya Birla Group, a $41 billion Indian multinational operating in 36 countries across six continents. Its service sector businesses include Financial Services, Fashion & Lifestyle and Telecom.

Peers
Company Name CMP
Grasim Industries 3171.00
DCM Shriram 998.35
3M India 34233.10
Hindustan Foods 625.90
Balmer Lawrie & Co 168.10
View more..