Hercules Hoists Ltd updates on settlement with workers union

The management of Hercules Hoists Ltd has successfully concluded a settlement agreement with Jay Bharat General Kamgar Sanghatana, Panvel, Raigad (R.NO.DNE/917) representing the workers at our Khalapur unit. The settlement shall be for four (4) years commencing from January 01, 2022 to December 31, 2025.

Shares of Hercules Hoists Limited was last trading in BSE at Rs. 120.00 as compared to the previous close of Rs. 118.00. The total number of shares traded during the day was 1193 in over 64 trades.

The stock hit an intraday high of Rs. 120.85 and intraday low of 116.75. The net turnover during the day was Rs. 142371.00.

Source : Equity Bulls

Keywords

HerculesHoists INE688E01024 SettlementAgreement WorkersUnion Panvel Raigad KhalapurUnit