The 5-year analysis of Rasandik Engineering Industries India Ltd's performance infers:
We analysed the performance of Rasandik Engineering Industries India Ltd share prices over the last 10 years. Here is what we found out:
Rasandik Engineering Industries India Ltd.is a respectively a new company established in 1986, a dynamic and forward thinking auto sheet metal component manufacturer. Totally committed to quality throughout its manufacturing processes, Rasandik is TS 16949 and ISO 14001 accredited company.
From its inception in 1986, Rasandik's growth has been impressive and it now supply fuel tanks and other steel metal components including Sub Assemblies, Engine Mounting, Suspension Parts, Rear Axle,
From its inception in 1986, Rasandik's growth has been impressive and it now supply fuel tanks and other steel metal components including Sub Assemblies, Engine Mounting, Suspension Parts, Rear Axle, Pedal Assembly and other parts to many of India's leading OEMs'A tier 1supplier, Rasandik's customers include Maruti, Honda, and Fiat India, amongst others.
Rasandik was quick to realise that suppliers will need to shift their perception from using low technology to state-of-the-art. The use of high level of automation in Press Shop and Robotics in welding would result in product quality consistency of enhancement of productivity levels. To realize this goal, the company has invested heavily in advanced equipment and technology including CATIA, Unigraphics & Hyperform software being used in designing and development of Components, Tools and Dies, Welding and Checking Fixtures.
The CAM section of the software assists in manufacture of Tools & Dies at a rapid pace. To cement our stake in the global market Rasandik has further planned to offer Tailor Welded Blank system and provide a single point responsibility from product design to product delivery. Establishing an independent Tool Shop in 2002, Rasandik is capable of offering Turnkey Solutions for CAD/CAM/ CAE and Reverse Engineering around CATIA and Unigraphics applications package. Rasandik is rapidly moving up the value addition chain and becoming an integrated component manufacturer.
Product range of the company includes: