The 5-year analysis of Simplex Castings Ltd's performance infers:
We analysed the performance of Simplex Castings Ltd share prices over the last 10 years. Here is what we found out:
Simplex Castings was incorporated as a private limited company on January 30, 1980 as per the provisions of the Companies Act 1956. It was converted into a public limited company in March 1993.
Simplex Castings a Simplex Group company is engaged in manufacturing of engineering castings in various grades for core industrial sector like steel, power, railroad equipment, mining, cement, defence, sugar and other specialized areas in as cast, machined and in assembled condition. Simplex Group
Simplex Castings a Simplex Group company is engaged in manufacturing of engineering castings in various grades for core industrial sector like steel, power, railroad equipment, mining, cement, defence, sugar and other specialized areas in as cast, machined and in assembled condition. Simplex Group of Industries is one of the leading Indian manufacturers of different engineering products, castings and equipments for all core industrial sectors for the last 50 years. With 50 years of engineering experience, technical know - how coupled with modern design, manufacturing & NDT facilities, Simplex has become synonym of high quality products. Simplex Castings consists of two major units one heavy grey iron unit and other heavy steel casting foundry. To balance the facilities both the units have been equipped with machine moulding lines also. Both the foundries have their own experienced pattern makers with pattern shop which are fully equipped with various wood working machines. The experienced pattern inspector ensure the quality of patterns.
Both the foundries have in-house facilities for stress relieving, normalising, quenching etc. to achieve the properties of castings as per technical delivery conditions.
The foundries and the Group Company 'Simplex Engineering' are equipped with 350 sophisticated machine tools comprising of horizontal & vertical boring machines, milling machines, CNC lathes, radial drilling machines, plano millers and tool planners backed by 3000 experienced and professional work force. To match the exact machining requirement of the product they also deliver the castings in proof machined as well as in finish machined condition.
Product range of the company includes:
The company's products are accepted by inspection agencies such as Lloyds, Rites, RDSO, SGS, Bureau Veritas and other such international inspection agencies.