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Simplex Castings Ltd.

BSE: 513472 Sector: Engineering
NSE: SIMPLEXCAS ISIN Code: INE658D01011
BSE 00:00 | 16 Sep 43.40 -1.15
(-2.58%)
OPEN

44.25

HIGH

44.40

LOW

43.30

NSE 05:30 | 01 Jan Simplex Castings Ltd
OPEN 44.25
PREVIOUS CLOSE 44.55
VOLUME 12811
52-Week high 74.70
52-Week low 13.50
P/E 14.76
Mkt Cap.(Rs cr) 27
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 44.25
CLOSE 44.55
VOLUME 12811
52-Week high 74.70
52-Week low 13.50
P/E 14.76
Mkt Cap.(Rs cr) 27
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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.

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