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Wires & Fabriks (S.A) Ltd.

BSE: 507817 Sector: Industrials
NSE: N.A. ISIN Code: INE469D01013
BSE 00:00 | 22 Apr 73.85 0
(0.00%)
OPEN

73.70

HIGH

73.85

LOW

73.70

NSE 05:30 | 01 Jan Wires & Fabriks (S.A) Ltd
OPEN 73.70
PREVIOUS CLOSE 73.85
VOLUME 216
52-Week high 129.85
52-Week low 68.75
P/E 22.24
Mkt Cap.(Rs cr) 23
Buy Price 70.75
Buy Qty 5.00
Sell Price 73.85
Sell Qty 2.00
OPEN 73.70
CLOSE 73.85
VOLUME 216
52-Week high 129.85
52-Week low 68.75
P/E 22.24
Mkt Cap.(Rs cr) 23
Buy Price 70.75
Buy Qty 5.00
Sell Price 73.85
Sell Qty 2.00

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.