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About Hercules Hoists

Hercules Hoists Ltd, a bajaj group of company is producing Chain pulley block, Electric Hoists, Trolleys and Cranes with a combined installed capacity to produce 23400 nos per annum. In 2000-2001, the company completed the development of new range of Chain Electric Hoists and Ratchet Lever Hoists. Both the products are expected to do well in the export and domestic market. The company is also developing new range of Wire Rope Electric Hoists jointly with M/s Bull S.r.l., Italy. With effect from February 1, 2001, the company's agreement with M/s Batliboi Ltd for the 50:50 Joint Venture marketing company 'Indef Marketing Services Ltd' was terminated and Hercules Hoists bought over their 100000 shares at the face value of Rs.10.00 and paid a compensation of Rs.1 crore towards exiting from the JV and non-competition by them for a period of five years. Thus the 'Indef Marketing Services' become a wholly owned subsidiary of the company with effect from 23rd March 2001.

Parent Organisation
Bajaj
Managing Director
Shekhar Bajaj
Founded
1962
NSE Symbol
HERCULES

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10th July 2024
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AngelOne
10th July 2024
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Hercules Hoists Ltd FAQs

Hercules Hoists Ltd (HERCULES) share price as of July 12, 2024, on NSE is Rs 635.35 (NSE) and Rs 635.35 (BSE) on BSE.
Yes, You can buy Hercules Hoists Ltd (HERCULES) shares by opening a Demat account with Angel One.
Hercules Hoists Ltd (HERCULES) share can be bought through the following modes:
1. Direct investment: You can buy Hercules Hoists Ltd (HERCULES) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Hercules Hoists Ltd (HERCULES) shares.
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