Coromandel: Outperforming Nifty?
Coromandel reduced products MRP to 25,000 per MT from 29,500 per MT. This is due to reduction in raw material cost.
Group Structure: The Murugappa Group
Brands like BSA, Hercules, Ballmaster, Ajax, Parry’s, Chola, Gromor, Shanthi Gears & Paramfos. 4th generation promoters now navigating strategic direction & growth.