The company will manufacture the product at the group’s formulation facility located in Moraiya, Ahmedabad (India).
If domestic CPI trajectory broadly proceeds along RBI’s projections, we believe that repo rate at 6.5% should provide sufficient disinflationary force to nudge inflation towards RBI’s target level.
Stock surges after securing a 100-MW wind power project order from ABEnergia Renewables.
The LoI specifies 4 strategic products that will be contract manufactured by Aether.
LIC's shareholding in Tech Mahindra rises from 6.869% to 8.884%
The company has launched seven-days-a-week and night service facilities at select workshops, doorstep service facility, Maruti mobile support, and quick response teams.
The plant's commissioning is scheduled for Q1 FY25
The CFO believes the masstige beauty market has significant growth prospects
The company further highlighted that this is the largest single LOI received by it.
The venture aims to cater to discerning consumers seeking design-led, bespoke, and high-quality jewelry.