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Hercules Hoists Ltd (HERCULES) Business Profile
Hercules Hoists Limited manufactures and sells material handling equipment primarily in India. The company operates through two segments, Material Handling Equipment and Windmill Power. It provides mechanical hoists comprising chain pulley blocks, ratchet lever hoists, pulling and lifting machines, electric chain hoists, and wire rope hoists; overhead, HOT, EOT, light profile, and jib cranes; storage and retrieval solutions, including floor operated stackers and roll out racks; stackers, and storage and retrieval solutions; and trollies, winches, manipulators, and material handling automation solutions. The company offers its products under the Indef, iStacker, iCrane, Stier, and Hercules brand names. Its products are used in cargo terminals and ports, automotive, cement and construction, steel and metals, chemicals and petro-chemicals, textile, energy and power, engineering and machine, heavy and light engineering, building, food processing, logistics, mining metallurgy and metal processing, nuclear, oil and gas, petrochemicals, paper, rubber and plastics, and wood processing industries. The company also generates power through four wind farms. Hercules Hoists Limited was founded in 1962 and is based in Navi Mumbai, India. The ISIN of this stock is INE688E01024.