MoneyWorks4Me

LG Balakrishnan & Bros gets nod to resume operations at all plants

15 May 2020 Evaluate

LG Balakrishnan & Bros has received permission from Government authorities to resume its operations partially in all its plants, Accordingly the Company will be resuming operations gradually with prescribed manpower and all activities would be carried out in accordance with the Government regulations & guidelines.

L G Balakrishnan & Bros. (LGB), one of the leading companies in South India. Started as a transport operator, the company entered into manufacturing in 1966 when timing chain manufacturing operations were taken up. LGB is now surging ahead to become a metal forming company concentrating on hot, warm & cold forging, blanking, fine blanking & precision machined parts.

Peers
Company Name CMP
SamvardhanaMotherson 165.60
Tube Investments 2519.15
Bosch 48100.00
UNO Minda 1218.00
Bombay Burmah Trdg. 1435.30
View more..