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Wires & Fabriks (S.A) Ltd.

BSE: 507817 Sector: Industrials
NSE: N.A. ISIN Code: INE469D01013
BSE 00:00 | 14 Oct 73.60 1.20
(1.66%)
OPEN

78.85

HIGH

78.85

LOW

71.85

NSE 05:30 | 01 Jan Wires & Fabriks (S.A) Ltd
OPEN 78.85
PREVIOUS CLOSE 72.40
VOLUME 150
52-Week high 86.50
52-Week low 39.85
P/E 47.79
Mkt Cap.(Rs cr) 23
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 78.85
CLOSE 72.40
VOLUME 150
52-Week high 86.50
52-Week low 39.85
P/E 47.79
Mkt Cap.(Rs cr) 23
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Wires & Fabriks (S.A) Ltd. (WIRESFABRIKS) - Company History

Incorporated in 1957 as Spinning Accessories Pvt Ltd Wires and Fabriks (SA) assumed its present name when it went public in 1985. M P Jatia is the Chairman and B K Khaitan is the Managing Director. The company manufactures wire mesh and fourdrinier wire cloth of all kinds. In Nov.'92 it came out with a rights issue aggregating Rs 3.66 cr. The amount was raised to part-finance the modernisation of two of its weaving looms to produce higher-value-added multi-shaft double-layer synthetic fabrics. It entered into a technical collaboration with Hutter and Schrantz Austria for the same. As a part of its diversification process it promoted Khaitan Paper Machines to rebuild paper machines in technical collaboration with Neve Bruderhaus Machinen Fabrik Germany. The company's products have made an entry into south-east Asia and Europe. In 1995-96 the company earned the distinction of being the first ISO 9002 company in its field in India.Continuous in-house R & D has resulted in the development of new fabric design facilitated to offer products matching to specific customer requirements.It future plans include development of new fabric design new products and new types of seams for fabric joints.

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