BRIEF-V Guard Industries says expansion work of new cable plant progressing fast

  • Reuters
  • Stock Market News
BRIEF-V Guard Industries says expansion work of new cable plant progressing fast
Credit: © Reuters.

Oct 15 (Reuters) - V Guard Industries Ltd VGUA.NS :

* Expansion work of new cable plant in coimbatore is progressing fast and

expected to be completed before the end of financial year 2017

* Reduction in raw material costs and better realization in new markets have

lead to better margins.

* Business environment continues to be challenging leading in flat growth in

overall sales

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