Vishal Malleables Ltd Share Price

Summary

Engaged in the manufacture of malleable cast iron and ductile iron castings, Vishal Malleables, caters to the requirements of the automobile and engineering industries and the Railways. The segments served by the company in these industries and automobile are farm equipments, electrical porcelain for power transmission, overhead electric traction lines for the Railways, inserts for pre-stressed concrete sleepers and large and varied industrial equipment manufacturers.Its customers include TELCO, Mahindra & Mahindra, Ashok Leyland, Tractors Engineers (L & T), W S Industries, Best & Crompton, Kamani Engineering, all Indian zonal railways, the Railway Board, Konkan Railway Corporation, etc.The company recently completed a modernisation-cum-expansion project. The modernisation included installation of machinery -- continuous pusher-type heat treatment furnace, simultaneous jolt squeeze BMD ARPA moulding machine, etc -- resulting in increased production, coupled with improvement of castings by way of new designs, upgradation and improved quality. Production capacities were expanded by 1900 tpa by installing a duplex melting system. It has also taken effective steps to install 2-MW wind power generators for captive consumption, at Dhank, Gujarat. The project is expected to be executed in 1995-96. A diversification into wind farm projects is on the anvil. The company has successfully installed 9 Nos Wind Energy Generators before March, 1996 and 10th number machine will be operationa
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