Tuesday, July 28, 2020

SLR Metaliks continues capacity expansion on hopes OEMs logging V-shaped growth

SLR Metaliks continues capacity expansion on hopes OEMs logging V-shaped growth The company, which supplies to original equipment manufacturers (OEMs) including Tata Motors, Daimler, Mahindra, Swaraz Mazda and Bajaj Auto, among others, is expecting recovery in demand from auto sector from September onwards and reach "pre-COVID levels" by December provided there are no further lockdowns and worsening of the coronavirus pandemic.

from Moneycontrol Business News https://ift.tt/2P1vAxj

No comments:

Post a Comment

FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...