The 5-year analysis of Porwal Auto Components Ltd's performance infers:
We analysed the performance of Porwal Auto Components Ltd share prices over the last 10 years. Here is what we found out:
Porwal Auto Components Company was incorporated as Porwal Auto Components Private under the Companies Act, 1956. The company was converted into a public limited as â€œPorwal Auto Components Limitedâ€ after passing the necessary resolution in the Extra Ordinary General Meeting held on September 9, 1992 and the Registrar of Companies; Gwalior, Madhya Pradhesh had issued a fresh certificate of incorporation on 12th October, 1992.
The company has been promoted by Surendra Jain,
The company has been promoted by Surendra Jain, Devendra Jain and Mukesh Jain. The company is an 1S0/TS 16949:2002 accredited company engaged in the business of manufacture of SG and CI Castings with an installed capacity of 6600 MT per annum which is presently upgraded to 9000 MT per annum. In order to enhance the product profile and cater to larger customer base, It implemented a large scale expansion programme to increase the capacities upto 27600 MTA. The expansion programme commenced from January 2005 and the total expansion was completed by June 2008.
The company is engaged in the manufacturing and marketing of S.G. (Ductile) Iron and Grey Cast Iron Castings and components especially meant for the automobile sector.
Product range of the company includes:
The company is mainly engaged in the manufacturing of Automobile Castings (Material) and Engineering Castings (Material).