Miven Machine Tools Ltd

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NSEBSE
Stock not tradded

97.551.91 (2.00%)

04:01 PM,22nd Feb 2024

BSE : 522036

NSE :

Sector : Engineering

ISIN Code : INE338P01014

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Last Updated: Feb 22 2024 | 04:01 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

0.00

All Time High Date

Invalid date

All Time Low

0.00

All Time Low Date

Invalid date

Miven Machine Tools Ltd

Miven Machine Tools Ltd (formerly Giddings & Lewis India Ltd) originally promoted by Mysore Kirloskar in 1985 in technical Collaboration with The Warner and Swasey Company a Subsidiary of Giddings & Lewis Inc. USA to manufacture turning machines completely came into the fold of Foreign partner by buying out the 38% equity stake of Mysore Kirloskars the Indian Promoters. Subsequent to increasing the stake to 76% by foreign promoters the name of the Company was changed to Giddings & Lewis India Ltd from Kirloskar Waner Swasey in July 23 1999. Latter N A Sirur(Hubli) Pvt Ltd the Holding Company has presently acquired 74.98% Equity Shares of the Company and the name of the Company was changed to the present one w.e.f July 23 2002. The Company's product line includes universal CNC turning machines CNC chucker machines small CNC machines and special-purpose CNC machines. The company came out with a public issue in Nov.'86 to set up a machine tool unit in Karnataka to manufacture 62 computer numerically controlled (CNC) turning machines pa. Due to accumulated losses the company's debt-equity ratio was 5.4:1 in Mar.'89. To defuse the crisis the company came out with a liberal rights issue in the ratio of 1:1 to raise the equity. The company's clientele includes Bharat Forge Premier Automobiles Escorts Tractors BEML Hindustan Motors Audco (I) the ordnance factory project heavy vehicle factories etc. The company has developed a new CNC chucker called 'ORION' series it is also developing a cost effective vertical axis turning machine.It has deputed its engineers to Fadal Engineering Company USA for technical training on vertical machining centre (VMC). The company propose diversifing into manufacture of co-ordinate measuring machines (CMM) with Giddings & Lewis as a joint partner with a 100% buy-back arrangement to sell this product in global market.

Miven Machine Tools Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

29

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

-5.12

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]-19.05
P/B Ratio (₹) [S]-5.12
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

97.55

97.55

Week Low/High

81.14

97.55

Month Low/High

74.00

100.00

Year Low/High

9.78

104.00

All time Low/High

3.86

104.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week14.25%%1.541.40%
1 Month-2.16%%2.432.99%
3 Month98.92%%10.8112.14%
6 Month485.18%%12.1714.54%
1 Year%%22.4526.56%
3 Year%%47.0751.39%

Company Info

Company Information

Managing Director : Vikram R Sirur

Independent Director : Nandan M Balwalli

Independent Director : ANAND BINDURAO KAMALAPUR

Non Executive Director : Alka Vikram Sirur

Company Sec. & Compli. Officer : Duggina Lakshmi Jyothsna

Registered Office: Tarihal Industrial Area, Tarihal,Hubballi,Karnataka-580026 Ph: 91-0836-2212221-24

Email:mmtsecretarial@gmail.com

URL:http://www.mivenmachinetools.com