Hercules Hoists Ltd commences Commercial Operations at new unit in Hinjewadi

Hercules Hoists Ltd has started commercial operations at a new manufacturing unit, situated at S. No. 255/2, Hinjewadi, Pune 411057 for assembling, testing, maintenance & repairing amongst other products, electrical & non electrical hoists, trolleys, cranes and other material handling equipment.

The introduction of this unit will serve to partly de-risk the operations and also will contribute to growth of overall business of the Company.

Shares of HERCULES HOISTS LTD. was last trading in BSE at Rs.187.5 as compared to the previous close of Rs. 191.15. The total number of shares traded during the day was 9882 in over 404 trades.

The stock hit an intraday high of Rs. 193 and intraday low of 187. The net turnover during the day was Rs. 1872001.

Source : Equity Bulls

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