Manaksia Coated Metals & Industries Ltd - MANAKSIA COATED Share Price

Summary

Manaksia Coated Metals & Industries Limited (MCMIL) was incorporated in March 25th, 2010. The Company is a prominent manufacturer and exporter of coated metal products and FMCGs products. The Company manufactures Colour Coated Galvanised Steel and Plain Galvanised Steel, in coil & sheet forms. All value added steel products are manufactured at the companys facility in Kutch, Gujarat. Galvanised and Colour Coated Steel products of the company are the new age building materials widely used in various applications for construction, automotive, appliances and general engineering industries.The company is a part of the conglomerate Manaksia Group, headquartered in Kolkata. Its sister concern, Manaksia Aluminum Co. Ltd., operates a large aluminum sheet & coil manufacturing facility at Haldia, in West Bengal, producing flat aluminum products of various specialized grades. The company has been operating its steel plant in Kutch, Gujarat since 2006, with a current production capacity of 120,000 tonnes per annum (TPA). The manufacturing facility encompasses a Color Coating Line, and a new state-of-the-art Galvanizing Line. Further, the expansions consisting in setting up a new Cold Rolling Complex towards backward integration as well as a second appliance grade Color Coating Line focusing on capacity enhancement are already under progress. Upon completion, the plants production capacity will have increased to 180,000 TPA.The companys business model evolves around offering highly... Read More