You are here » Home » Companies » Company Overview » Simplex Castings Ltd

Simplex Castings Ltd.

BSE: 513472 Sector: Engineering
NSE: SIMPLEXCAS ISIN Code: INE658D01011
BSE 14:20 | 24 Feb 34.45 1.55
(4.71%)
OPEN

34.45

HIGH

34.45

LOW

34.45

NSE 05:30 | 01 Jan Simplex Castings Ltd
OPEN 34.45
PREVIOUS CLOSE 32.90
VOLUME 51
52-Week high 81.00
52-Week low 24.00
P/E
Mkt Cap.(Rs cr) 21
Buy Price 32.30
Buy Qty 100.00
Sell Price 34.30
Sell Qty 49.00
OPEN 34.45
CLOSE 32.90
VOLUME 51
52-Week high 81.00
52-Week low 24.00
P/E
Mkt Cap.(Rs cr) 21
Buy Price 32.30
Buy Qty 100.00
Sell Price 34.30
Sell Qty 49.00

Simplex Castings Ltd. (SIMPLEXCAS) - Company History

Registered as a partnership firm in 1971, Simplex Castings was incorporated on 30 Jan.'80 and went public in 1993. It was promoted by H B Shah and Arvind K Shah.The company manufactures heavy castings in grey cast iron, alloy cast iron, stainless steel and steel. The products of the company go mainly to steel plants, power plants, mining and cement plants, Defence and the Railways. Main products go to blast furnaces and coke oven batteries. The company has technical collaborations with a number of companies for its products. Some of the firms are Nippon Steel Corporation, Japan; Ikio Iron Works, Japan; Dango & Dienenthal, Germany; China Metallurgical, China; Schalker, Germany; etc. In 1993 a public issue was made to finance the modernisation of Urla unit. During 1999-2000, the company developed bi-metallic rolls being used in Thermal Power Plant. The company has for the first time in India developed Truck Frame for Deisel Locomotive Works as per drawing and design of G.M. Motors USA and with technical expertise from one of the leaders in Rail and Road Castings M/s Atchison Casting Corp. USA. The company is engaged in developing different casting for Steel Plants and also Valve and Cone Castings for supplying the same to Valve and Pump manufacturers.