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Wendt (India) was promoted by S C Khatau in Dec.'83 in technical and financial collaboration with Wendt Germany. Under the Khatau management it was making losses right from inception (except in 1989-90). In Nov.'90 Carborundum Universal a Murugappa group company received support from the collaborators to take over the company. Wendt holds a 40% stake in the company.Wendt (India) manufactures premium grinding wheels made from diamonds and cubic boron nitrite. Being a leading manufacturer of abrasives grinding wheels and refractories in the country Carborundum Universal will be in a better position with this takeover. In Mar.'95 the company commissioned one wind electric generator (cap.: 225 kW) at Perungudi Tamilnadu. The company has launched a new Edgestar range of diamond sharpeners for sale through supermarkets and Exihibitions. The company's products for Granito Tile Industry is now accepted as a bench mark in India & the company is actively pursuing for export of these product to Malaysia & West Asia.In 2000-01 the company has implemented the Project for the manufacture of Reverse plated and Infilterated rolls and has also commenced its commercial production. The Software DivisionWendtsoft has started marketing its products for Central Excise Management 'CENTRAC' in 2001-02. |
Wendt India Ltd.
| BSE: 505412 | Sector: Engineering |
| NSE: WENDT | ISIN Code: INE274C01019 |
| BSE 00:00 | 15 Jun | 3688.65 |
-40.75 (-1.09%) |
OPEN
3684.00 |
HIGH
3727.00 |
LOW
3620.00 |
| NSE 00:00 | 15 Jun | 3670.35 |
-45.40 (-1.22%) |
OPEN
3765.05 |
HIGH
3765.05 |
LOW
3640.00 |
| OPEN | 3684.00 |
| PREVIOUS CLOSE | 3729.40 |
| VOLUME | 111 |
| 52-Week high | 4257.75 |
| 52-Week low | 2395.00 |
| P/E | 57.14 |
| Mkt Cap.(Rs cr) | 738 |
| Buy Price | 0.00 |
| Buy Qty | 0.00 |
| Sell Price | 0.00 |
| Sell Qty | 0.00 |
Wendt India Ltd. (WENDT) - Company History
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