The 5-year analysis of Jainex Aamcol Ltd's performance infers:
We analysed the performance of Jainex Aamcol Ltd share prices over the last 10 years. Here is what we found out:
Jainex Aamcol was incorporated in 1947 under the Indian Companies Act, 1913 as Anglo American Marine Co Ltd. and its name was subsequently changed to Jainex Aamcol Ltd. It had its factory at Mumbai, manufacturing hacksaw blades, press tools and dies.
In 1975, the company diversified into the manufacture of gear hobs in technical collaboration with Klingelnberg of Germany by setting up its plant at Aurangabad, Maharashtra. The Hob plant was inaugurated by Diether Klingelnberg, head of the
In 1975, the company diversified into the manufacture of gear hobs in technical collaboration with Klingelnberg of Germany by setting up its plant at Aurangabad, Maharashtra. The Hob plant was inaugurated by Diether Klingelnberg, head of the house of Klingelnberg in the presence of Dr Rafiq Zakaria, Hon. Minister of Maharashtra.The company is a public limited company and its shares are listed on the Bombay Stock Exchange.
In 1986, the manufacturing activities were concentrated at Aurangabad. The present product range comprises of gear hobs, special cutting tools and inspection tools & precision accessories such as, spline & serration gauges, master gears etc. and are sold to the automotive material handling, machine tool, as well as gear box industries in India. The products are also exported to Germany and Australia.
In 2006, Jainex Aamcol was certified a ISO 9001:2000 company for design, manufacture and supply of gear cutting tools and special cutting tools by BVQI. Jainex Aamcol is a leading manufacturer of gear hobs and special cutting tools, inspection tools & precision accessories under the brand â€œAamcolâ€ and is a part of Jainex Group. The Jainex Group is a conglomerate with offices in all the leading cities of India and representative offices in USA, UK and Hongkong. Jainex Group deals with steel, gear cutting tools, pneumatic brake systems for railways, and has a turnover of $ 20 million.
The company has been catering to a wide range of customers including automobile industries, industrial and special gearbox manufacturers, machine tool manufacturers and many others. By producing international quality products, the company has not only saved country's foreign exchange but also generated it by exporting its products.Continuous research and development has enabled Jainex Aamcol to bring many new, high productive and accurate tools to the market.The company has added many new facilities such as computer systems, machinery and equipments that are latest in the field, to keep itself ahead.
Products and services offered by the company :
Services offered by the company
Resharpening of tools on CNC resharpening machines ensures that required degree of accuracy is maintained on the resharpened tools for producing quality machined components. Each resharpened tool is checked on the Klingelnberg P-26 machine. Thus, when hobs, shaving cutters, shaping cutters are sharpened at Jainex Aamcol, the customers are guaranteed of accurate and consistent quality.