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Balmer Lawrie planning to invest Rs 200 crore in logistics, industrial packaging: Report

15 Sep 2017 Evaluate

Balmer Lawrie & Company is reportedly planning to invest Rs 150-200 crore primarily in the logistics and industrial packaging businesses over the next two years. In this regard, the company had appointed PwC as a consultant last year to suggest a roadmap for growth over the next four-to-five years.

The diversified PSU company is present across various businesses including industrial packaging, greases and lubricants, leather chemicals, logistics, travel and vacations and refinery and oilfield services.

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
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