Company Overview and News
In the opening hours of trade major market has opened on a positive note showcasing a bullish undertone in the market. Meanwhile, plastics products player Shaily Engineering Plastics is riding the bull soaring over 7% in BSE.
For the full year,net profit rose 2.52% to Rs 15.88 crore in the year ended March 2017 as against Rs 15.49 crore during the previous year ended March 2016. Sales rose 9.24% to Rs 246.37 crore in the year ended March 2017 as against Rs 225.54 crore during the previous year ended March 2016.
Research and Markets has announced the addition of the "Commercial Tool Rooms Market in India 2016 - 2020" report to their offering.
LONDON, May 17, 2016 /PRNewswire/ -- NOVONOUS estimates that Commercial Tool Rooms Market in India will grow at a CAGR of 17% by 2020. This growth is mainly due to increasing demand from growing automotive industry, growing domestic and international consumer base, low cost of skilled labours, increasing usage of plastics in industries like automobiles, consumer durables etc. Auto OEMs, Auto Components, Plastics, Electrical, Consumer Appliances and Packaging are key industries using commercial tool rooms (CTRs) in India.