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Geometric trades jubilantly on the bourses

16 Mar 2016

Geometric is currently trading at Rs. 191.40, up by 11.85 points or 6.60% from its previous closing of Rs. 179.55 on the BSE.

The scrip opened at Rs. 180.00 and has touched a high and low of Rs. 192.90 and Rs. 180.00 respectively. So far 441284 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 2 has touched a 52 week high of Rs. 207.00 on 24-Mar-2015 and a 52 week low of Rs. 101.50 on 16-Jun-2015.

Last one week high and low of the scrip stood at Rs. 192.90 and Rs. 169.00 respectively. The current market cap of the company is Rs. 1235.90 crore.

The promoters holding in the company stood at 37.81% while Institutions and Non-Institutions held 6.40% and 55.79% respectively.

Geometric is all set to present critical new functionality in CAMWorks to simplify and speed up the CNC programming process in the Tool and Die Industry by using manufacturing data; including tolerances, surface finish, GD&T, thread callouts, etc. in SOLIDWORKS 3D models, at Booth C05, Hall 2 from 6th to 9th April, at DIEMOULD India 2016 in Bengaluru, India.

CAMWorks now has the ability to read dimensional information and will automatically select the correct tools, speeds, and feeds to meet the surface finish requirements called out in the model, set nominal values for asymmetric tolerances and select the appropriate tools, operations, and strategies to generate toolpaths to meet the requirements. This functionality automates the CNC programming process and eliminates the necessity to manually calculate allowances when defining CNC tool paths, or the need to rebuild 3D models to mean geometry, eliminating potential mistakes, while saving time and money, and will streamline the transition from design to manufacturing.

Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.

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