The 5-year analysis of Vardhman Concrete Ltd's performance infers:
We analysed the performance of Vardhman Concrete Ltd share prices over the last 10 years. Here is what we found out:
Vardhman Concrete, earlier known as Stresscrete India is promoted by Arvind B Shah with the object of manufacturing precast prestressed concrete products and for executing engineering contracts e.g. construction of bridges, etc. The company was incorporated on October 23, 1982 as Stresscrete India. On October 17, 1994 the company was converted into a public limited company and accordingly the name was changed to Stresscrete India Limited.
The company has carried out works
The company has carried out works of complicated and challenging structures mainly in pre-cast prestressed concrete such as the Matunga and Goregaon flyover bridges over the railway line, housing complex of G+7 storied building at Oshiwara for MHADA, Khar, electrical-mechanical shed, silos for Digvijay Cement, etc.
At present, the company is constructing a housing colony for Sardar Sarovar Narmada Nigam Limited. During 1994, Kanu Patel has joined the company to promote the proposed project.
In 2010 the Company changed its name from Stresscrete India Ltd. to Vardhman Concrete Ltd.
In 2011 -Vardhman Concrete Ltd won Hum Log Award -2011 -Vardhman Concrete Ltd won Hira Mankek Award -2011 for outstanding contribution towards construction industry"