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Wendt India Ltd.

BSE: 505412 Sector: Engineering
NSE: WENDT ISIN Code: INE274C01019
BSE 00:00 | 07 Aug 2491.95 40.85
(1.67%)
OPEN

2467.90

HIGH

2491.95

LOW

2467.90

NSE 00:00 | 07 Aug 2490.00 15.80
(0.64%)
OPEN

2438.05

HIGH

2490.00

LOW

2420.00

OPEN 2467.90
PREVIOUS CLOSE 2451.10
VOLUME 6
52-Week high 3390.00
52-Week low 1590.00
P/E 89.48
Mkt Cap.(Rs cr) 498
Buy Price 2445.95
Buy Qty 2.00
Sell Price 2610.00
Sell Qty 1.00
OPEN 2467.90
CLOSE 2451.10
VOLUME 6
52-Week high 3390.00
52-Week low 1590.00
P/E 89.48
Mkt Cap.(Rs cr) 498
Buy Price 2445.95
Buy Qty 2.00
Sell Price 2610.00
Sell Qty 1.00

Wendt India Ltd. (WENDT) - Company History

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 Division,Wendtsoft has started marketing its products for Central Excise Management 'CENTRAC' in 2001-02.