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TTK Healthcare to invest about Rs 40 crore in next two years

10 Nov 2012 Evaluate

TTK Healthcare has decided to invest about Rs 40 crore in the next couple of years in Chennai to set up new facilities to expand its food business. The company will be using these funds to bring out new products as well as improve existing products. The entity will be raising these funds through internal accruals.

TTK Healthcare brand wagon consists of products that are sought after by a wide range of customers. It has an all India sales and distribution network for marketing not only their own products, but also the KIWI Brand (Shoecare), Brylcreem (Haircare) and Kohinoor and Durex brands (Contraceptives).

Peers
Company Name CMP
Grasim Industries 3190.00
DCM Shriram 996.55
3M India 31597.45
Hindustan Foods 598.75
Balmer Lawrie & Co 164.45
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