Geometric jumps on unveiling DFMPro for Creo

20 Sep 2011 Evaluate

Geometric is currently trading at Rs. 45.30, up by 3.30 points or 7.86% from its previous closing of Rs. 42.00 on the BSE.

The scrip opened at Rs. 42.00 and has touched a high and low of Rs. 45.85 and Rs. 42.00 respectively. So far 26622 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 87.00 on 04-Jan-2011 and a 52 week low of Rs. 34.75 on 19-Aug-2011.

Last one week high and low of the scrip stood at Rs. 45.85 and Rs. 40.25 respectively. The current market cap of the company is Rs. 262.97 crore.

The promoters holding in the company stood at 37.45% while Institutions and Non-Institutions held 15.25% and 47.31% respectively.

Geometric, a leader in Product Lifecycle Management (PLM), Global Engineering Services, and Offshore Product Development (OPD) solutions and technologies has released version 3.1 of its automated design for manufacturability tool, DFMPro for Creo.

The new version provides additional checks addressing manufacturing requirements for assembly and injection molding. The new tolerance check capability of DFMPro highlights the tolerance zone that violates the specifications. This helps to cut down number of unwanted finishing process during manufacturing, leading to reduction in the cost and time taken to produce the part.

In version 3.1, two new checks for injection molding have been included, sudden wall thickness variation check and material specific thickness check. DFMPro for Creo has more than 100 design checks built-in for injection molding, sheet metal, machining (milling, turning and drilling) and assembly processes. The standard checks in DFMPro are derived from various handbooks, design guidelines and global best practices.

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

Peers
Company Name CMP
TCS 3839.35
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HCL Tech. 1347.85
Wipro 456.85
Tech Mahindra 1249.65
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