MoneyWorks4Me

Hercules Hoists shifts manufacturing activities to new premises

05 Jul 2022 Evaluate

Hercules Hoists has shifted its manufacturing activities carried out at its manufacturing unit situated at Nighoje (Chakan), Rajgurunagar, Pune to a manufacturing unit at Wasuli, Chakan MIDC Phase-2, Pune, Maharashtra on lease rental basis.

The Company will continue to manufacture, assemble, test, maintain and repair material handling equipment including electrical & non-electrical hoists, trolleys, cranes etc. at the new premises and the production capacity will remain the same.

Hercules Hoists, a part of the Bajaj group, one of the India’s prime business houses was established in 1962 is a manufacturer of material-handling equipment.

Peers
Company Name CMP
Bharat Heavy Elect. 419.20
Thermax 3449.00
Kirloskar Industries 3588.85
Skipper 551.30
INDO-MIM 1275.35
View more..