India's Heranba Industries up as unit starts production

Heranba Industries

08/10/2024 11:04

** Shares of pesticide manufacturer Heranba Industries
 HERN.NS  rise 3.5% to 469.1 rupees
    ** Co's subsidiary commenced commercial production at 9,000
metric tonnes per annum capacity Sarigam unit, in state of
Gujarat
    ** HERN expects Sarigam unit to generate annual revenue of
2.8-3 bln rupees
    ** Stock up ~17.6% YTD after falling for two consecutive
years

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))