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Vishal Malleables Ltd.

BSE: 505930 Sector: Engineering
NSE: N.A. ISIN Code: INE661G01018
BSE LIVE 12:32 | 20 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 27.95
PREVIOUS CLOSE 26.65
VOLUME 500
52-Week high 27.95
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 8
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 27.95
CLOSE 26.65
VOLUME 500
52-Week high 27.95
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 8
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Vishal Malleables Ltd. (VISHALMALLEAB) - Company History

Engaged in the manufacture of malleable cast iron and ductile iron castings, Vishal Malleables, caters to the requirements of the automobile and engineering industries and the Railways. The segments served by the company in these industries and automobile are farm equipments, electrical porcelain for power transmission, overhead electric traction lines for the Railways, inserts for pre-stressed concrete sleepers and large and varied industrial equipment manufacturers. Its customers include TELCO, Mahindra & Mahindra, Ashok Leyland, Tractors Engineers (L & T), W S Industries, Best & Crompton, Kamani Engineering, all Indian zonal railways, the Railway Board, Konkan Railway Corporation, etc. The company recently completed a modernisation-cum-expansion project. The modernisation included installation of machinery -- continuous pusher-type heat treatment furnace, simultaneous jolt squeeze BMD ARPA moulding machine, etc -- resulting in increased production, coupled with improvement of castings by way of new designs, upgradation and improved quality. Production capacities were expanded by 1900 tpa by installing a duplex melting system. It has also taken effective steps to install 2-MW wind power generators for captive consumption, at Dhank, Gujarat. The project is expected to be executed in 1995-96. A diversification into wind farm projects is on the anvil. The company has successfully installed 9 Nos Wind Energy Generators before March, 1996 and 10th number machine will be operational by June 1996. Thus the total capacity installed will be 2.00 MW. The company intends to put a new modern Alloy Casting unit which will be crystallised in next couple of months. The S G Iron casting unit to manufacture ductile iron and spheriodal graphite iron casting by the process of high pressure automatic moulding lines and civil work. Company hopes that it will be implemented well before 30th June, 1999. The cost of the project will be Rs 17.25 lacs and installed capacity will be 7200 MT. Company also continued in depth in respect of standard Prescribed under ISO-9002 programme, particularly quality awareness of product & global competitveness.