The 5-year analysis of Machino Plastics Ltd's performance infers:
We analysed the performance of Machino Plastics Ltd share prices over the last 10 years. Here is what we found out:
Machino Plastics started as an alliance among the Machino Group, Maruti Udyog Limited and Suzuki Motor Corporation, Japan. A state-of-the-art plant was set up in 1987 within the Maruti Udyog Limited Joint Venture complex for moulding large components like bumpers, instrument panels and radiator grills for entire range of Maruti cars.
The company grew rapidly and Machino Polymers Ltd. was set up in 1995. A joint venture with Himont, Italy led to the establishment of Machino Montell India
The company grew rapidly and Machino Polymers Ltd. was set up in 1995. A joint venture with Himont, Italy led to the establishment of Machino Montell India Ltd., currently known as Machino-Basell India Ltd situated in Gurgaon, India for manufacturing advanced PP compounds.
The company has an extensive customer base that includes Maruti Udyog Limited, Eicher Motors Ltd., Whirlpool India Ltd.,Suzuki Motorcycles India Pvt. Ltd,Haier Appliances (India) Pvt. Ltd. and Schefenacker Motherson Ltd.
The manufacturing plant at Gurgaon, India boasts of micro processor based Japanese injection moulding machines, a sophisticated design department and highly skilled employees.
Products and services offered by the company:
The company is engaged in manufacturing and marketing of large size injection moulded automotive components for the automotive industry. The components include bumpers, instrument panels and grills as original equipment and for spare parts market for Maruti Udyog Limited.
Services offered by the company:
Machino Plastics Ltd offers its range of services in CAD/CAM/CAE, related to new product development, design engineering and manufacturing. MPL uses Catia V5 to develop the new products from its conceptualization to final finished stage.