Hercules Hoists Ltd board approves sale of three windmills

The Board of Directors approved the proposal in their meeting held on May 25, 2021, received from Hindustan Unilever Limited, Nashik regarding purchase of three windmills, 1.25 MW capacity each situated at Khori, Dhule, Maharashtra.

These windmills are part of business segment "Windmill" and total contribution of revenue from these windmills are only 1% of total operating revenue of the Company.

Shares of HERCULES HOISTS LTD. was last trading in BSE at Rs.123.65 as compared to the previous close of Rs. 125.55. The total number of shares traded during the day was 9492 in over 402 trades.

The stock hit an intraday high of Rs. 128.95 and intraday low of 122.25. The net turnover during the day was Rs. 1179414.

Source : Equity Bulls

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