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GRINDWELL NORTON: CONFIDENT ABOUT THE FUTURE (considering expected hike in investments and continued industrial growth).

Asia Africa Intelligence Wire

| June 30, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From India Business Insight)

Grindwell Norton reported 18 percent jump in sales in 2003-2004 by factors like sustained domestic demand and 28 percent rise in exports. Following the good performance, its board of directors has proposed a higher dividend of Rs10 per share for the year. The company is positive of maintaining the growth trend considering the …

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