Ceat Bottomline At Rs 3.98 Crore In Q1

City-based Adds Pens (India) has drawn up a Rs 15-crore expansion plan. Adds Pen is the pioneer and the largest manufacturers of gel ink pens in the country. The expansion is being carried out over a three years period at its unit at Umbergaion in Gujarat. The company has already invested Rs 5 in 1998-99 and an additional Rs 5 crore would be in the current year. The investment would be mainly in the form of land and building and induction of new moulds from Korea and Japan. res NCD upgraded