SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

CARE reaffirms rating of Shivalik Bimetal Controls’ bank facilities

30 Aug 2013 Evaluate

Credit rating agency, CARE has reaffirmed ‘BBB-’ rating to Shivalik Bimetal Controls’ long term bank facilities worth Rs 4.24 crore which was reduced  from Rs 5.44 crore and ‘A3’ rating to company’s Short term Bank Facilities worth Rs 28.50 crore. The rating agency has also reaffirmed ‘BBB-/ A3’ rating to company’s Long/Short term Bank Facilities worth Rs 29 crore.

The company has received the said rating on the back of its position as a leading domestic manufacturer of thermostatic bimetal/tri-metal strips & parts, reputed clientele, comfortable solvency indicators and experienced promoter and management team.

Shivalik Bimetal Controls (SBCL) manufactures different grades of thermostatic-type bimetal and tri-metal strips and parts (both cladded and electron beam welded), electron beam welded shunt material, etc. The company was also into manufacturing of components of color picture tube, however, with the declining demand for this segment, the company has now completely stopped its manufacturing.

Shivalik Bimetal Share Price

523.55 9.60 (1.87%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×