It wants to grow 10-fold in five years through strategic alliances
During 2015-16, total sales grew 34%, stock prices hits 52 week high of Rs 110.9
Thus far in the calendar year 2016, the stock rallied 25% as compared to 3.5% decline in the S&P BSE Sensex.
The company has earlier announced its plans to exit from non-core business and has sold shares in the Bank
Lockheed will provide the base platform for this development
The stock moved higher to its lifetime high of Rs 101, up 4% on the National Stock Exchange
The company plans to invest $10 million in the expansion project at Ras Al Khaimah
Firm continues to gain market share in commercial vehicles; other growth positives as well
The sales of medium and heavy commercial vehicles jumped 31%