Epiroc AB Expands Manufacturing Footprint in India
Epiroc AB, a Swedish company, has inaugurated an expanded manufacturing facility in India. The new facility is expected to enhance the company’s production capacity.
Market Update
Deutsche Bank has revised its price target for Epiroc AB to 190 kronor from 206 kronor, while maintaining a “hold” recommendation. The company’s stock price has experienced fluctuations, resulting in a recent decline.
Business Operations
Epiroc AB operates through two segments: “Equipment & Service” and “Tools & Attachments”. The company offers a range of products and services for various industries, including:
- Mining
- Infrastructure
- Civil works
Segment Overview
The company’s two segments are:
- Equipment & Service: Provides equipment and services for various industries
- Tools & Attachments: Offers a range of products and services for industries such as mining, infrastructure, and civil works