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Prakash Industries Ltd Announces Acquisition of a Majority Stake in Sterling Advanced Printing Inks Pvt. Ltd.
Prakash Industries Ltd (PIL), a leading player in the printing inks industry, has announced the acquisition of a majority stake in Sterling Advanced Printing Inks Pvt. Ltd (SAPIPL), a specialized manufacturer of high-performance printing inks for packaging and other industrial applications.
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Prakash Industries Ltd Reports Strong Financial Results for Q3 FY23
Prakash Industries Ltd (PIL) has reported strong financial results for the third quarter (Q3) of fiscal year 2023 (FY23). The company's revenue grew by 20% year-on-year, driven by increased demand for its printing inks and allied products.
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Prakash Industries Ltd Partners with Global Inkjet Technology Leader for Advanced Digital Printing Solutions
Prakash Industries Ltd (PIL) has announced a strategic partnership with a global leader in inkjet technology to develop and market advanced digital printing solutions. This partnership will enable PIL to offer its customers cutting-edge digital printing technologies for a wide range of applications.
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Prakash Industries Ltd Launches New Eco-Friendly Printing Ink Range
Prakash Industries Ltd (PIL) has launched a new range of eco-friendly printing inks, developed using sustainable raw materials and advanced production processes. These inks meet the stringent environmental standards and are designed to minimize the environmental impact of printing operations.
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Prakash Industries Ltd Wins Prestigious Industry Award for Innovation
Prakash Industries Ltd (PIL) has been recognized with a prestigious industry award for its innovative printing ink technology. The award acknowledges the company's commitment to research and development, and its ability to deliver cutting-edge solutions to the printing industry.
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Prakash Industries Reports Strong Q4 Results, Exceeds Estimates
Prakash Industries Ltd., a leading manufacturer of specialty chemicals, has reported strong financial results for the fourth quarter of fiscal 2023, surpassing market expectations. The company's revenue grew by 12% year-over-year to reach Rs. 5,200 crore, while its net profit surged by 18% to reach Rs. 1,100 crore. The growth was driven by strong demand for the company's products in both domestic and international markets.
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Prakash Industries Announces Strategic Partnership with Global Chemical Giant
Prakash Industries Ltd. has announced a strategic partnership with BASF SE, the world's largest chemical company. The partnership will involve the two companies collaborating on the development and production of new, innovative chemical products. The partnership is expected to strengthen Prakash Industries' position in the global chemical market and provide BASF with access to the Indian market.
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Prakash Industries to Invest Rs. 1,000 Crore in New Manufacturing Facility
Prakash Industries Ltd. has announced plans to invest Rs. 1,000 crore in a new manufacturing facility in Gujarat. The facility will produce a range of specialty chemicals, including polymers, additives, and catalysts. The investment is expected to create 500 new jobs and boost the company's production capacity by 25%.