The 5-year analysis of Samkrg Pistons & Rings Ltd's performance infers:
We analysed the performance of Samkrg Pistons & Rings Ltd share prices over the last 10 years. Here is what we found out:
Samkrg Pistons & Rings Ltd.was incorporated on March 30, 1985 at Hyderabad as a public limited company and obtained the Certificate of Commencement of Business on July18, 1985. The company was promoted by R J Yata and S D M Rao alongwith Andhra Pradesh Industrial Development Corporation Ltd. (APIDC).
The company is engaged in the manufacture of pistons and piston rings used in two-wheelers three-wheelers four-wheelers and internal combustion engines.
Samkrg's technological and
Samkrg's technological and research capacity in terms of professional skills and resources enables manufacture of advanced pistons, piston pins / gudgeon pins, piston rings & circlips to endure higher thermal and mechanical loads. This is critical to engines being more powerful, efficient and less polluting. Manufacturing & marketing of good value, high quality and cost effective products meeting domestic and international customer quality requirements.
The company entered into a technical collaboration agreement with Cheng Shing Piston Co. Ltd. Taiwan (Cheng Shing) to manufacture pistons and piston rings. Under the agreement valid for six years from the date of commencement of commercial production the collaborators were to provide updated technology for casting machining and finishing of pistons and manufacture of piston pins. The agreement also covers supply of designs drawings and specifications of plant and machinery.
Product range of the company includes: