Hercules Hoists Live Stock/Share Price/Charts/Quotes
Hercules Hoists (HERCULES), part of the Bajaj group, is a manufacturer of material-handling equipment. It was incorporated on Jun. 15, 1962. The ISO 9001:2000 certified offers products including chain pulley blocks, wire rope hoists, trolleys, chain electric hoists, EOT/HOT cranes, light profile crane systems, stacker cranes, lever hoists, winches and roll out racks. It has a modern manufacturing facility in Mumbai equipped with an up-to-date machine shop and rows of assembly lines and testing equipment.The company has obtained the know-how for compact chain electric hoists and wire rope hoists from Bull S.R.L, Italy. It is setting up a new plant in the Raigad district of Maharashtra, which is expected to commence operations by March 2008. The company has installed four windmills with a total capacity of 5 MW with an investment of Rs 250 million into this business. The company sells its products under the brand name Indef. The marketing division has a network of 45 authorized marketing associates, 100 dealers, service agents and liaison agents across India. It has appointed business facilitators at several strategic locations to facilitate business transactions and to estimate customer application needs. The client list includes state electricity boards like MESB and BSES; automobile majors like Telco and Mahindra & Mahindra; steel plants like Bokaro and TISCO; and cement companies like L & T and ACC among several others. The registered office of the company is located at 110, Minerva Industrial Estate, Mulund West, Mumbai-400080.
