The 5-year analysis of Spectra Industries Ltd's performance infers:
We analysed the performance of Spectra Industries Ltd share prices over the last 10 years. Here is what we found out:
Spectra Industries was incorporated in the year 1992. Its plant is located at Murbad.
The company has set up unit for the manufacturing wide range of automobile sheet metal parts. Products such as fuel tanks and oil pans are regularly supplied to Fiat India for their Palio and Siena model applications. The company has also been supplying brake shoes to Godrej & Boyce India.
In 2010 Spectra Industries entered into Letter of Intent (LOI) with Mahindra Navistar Ltd. for the dealership
In 2010 Spectra Industries entered into Letter of Intent (LOI) with Mahindra Navistar Ltd. for the dealership of marketing of their light and heavy commercial vehicles manufactured by them for their entire districts of Thane, Raigad and Mumbai.
The main area of business:
The company is engaged in the production of sheet metal components for the automobile industry. It operates in three segments: trading of steel/Scrap, sheet metal press parts and others. The company also markets steel items like CR/HR sheets.