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Visaka to set up fibre cement board plant in Bengal
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Visaka unveils fully self-sustaining solar EV charging station in Hyd
Chairman of Visaka Industries Limited Dr G Vivekanand unveiled the first ATUM Charge, a self-sustaining, solar-powered EV charging station at SP Road in Secunderabad, Hyderabad.
ATUM Charge is an ecosystem designed with the EV mobility revolution in India in mind, and it assists customers in adopting sustainable and environmentally friendly modes of transportation. ATUM Charge is a wholly-owned subsidiary of Visaka Industries Limited. The ATUM Solar Roof will allow the entire electric vehicle charging proposition to transition to 100% solar, whereas most EV charg..
Vamsi Krishna Gaddam, Joint Managing Director, Visaka Industries Ltd
Visaka Industries Ltd was founded by Dr G Vivekanand in 1981. It is a publicly listed company on NSE and BSE. Visaka is a diversified business group with interests in cement roofs, textiles (wonder yarn), cement fibre boards and integrated solar roofs. It has a pan-India presence with 13 manufacturing units, 13 marketing offices and a countrywide distribution channel with over 7,000 dealer outlets. In FY2020-21, Visaka Industries Ltd declared revenues of Rs 11,465.3 million. Vamsi Krishna Gaddam, J..
Shree Cement incurs Rs 6.62 billion profit for Q4; beats expectations
Shree Cement, India's third-largest cement manufacturer by market capitalisation announced a fourth-quarter profit that exceeded, attributing it to increased volumes driven by lower cement prices. Typically, cement companies witness a surge in volumes in the March quarter as they reduce prices to clear year-end inventory backlogs.
Analysts had anticipated that reduced fuel costs would partially offset the decline in prices. Shree Cement's profit for the quarter ending March 31 reached Rs 6.62 billion, surpassing street forecasts of Rs 6.20 billion, as per LSEG data. This marked a si..
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