V-Guard Industries to exit from B2B segment: Report

18 Aug 2017 Evaluate

Consumer electrical and electronics manufacturer -- V-Guard Industries -- is reportedly planning to exit from its non-core business-to-business (B2B) segment to focus on its core module- the business-to-consumer (B2C) segment.

As part of an ongoing strategy, the company recently exited from the industrial UPS business. Currently, it is also into the business of making industrial cables- an area from which the company will be making an exit within one or two quarters.

Moreover, the company is launching a gas cook-top in Kerala during Onam, which is in the beginning of September, this year. It would also be looking forward to expanding its product offerings in the kitchen appliances and switch gear segment.

V-Guard Inds. Share Price

331.45 0.80 (0.24%)
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