The 5-year analysis of JIK Industries Ltd's performance infers:
We analysed the performance of JIK Industries Ltd share prices over the last 10 years. Here is what we found out:
JIK Industries is a public limited, listed company. It was incorporated in1990 and went public in 1994. It is listed on the premier stock exchanges in India, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
JIK Industries Limited (JIK) is the single largest and sole producer and distributor of branded, hand-made, lead-free crystal glassware in India. It is the preferred supplier to the domestic hospitality market of the glassware industry and caters to most of the star hotels
JIK Industries Limited (JIK) is the single largest and sole producer and distributor of branded, hand-made, lead-free crystal glassware in India. It is the preferred supplier to the domestic hospitality market of the glassware industry and caters to most of the star hotels chains. It has combined Swedish manufacturing techniques and designs with abundant cheap and skilled labor in India to create exquisite Scandinavian hand-blown crystal glassware at prices that are Indian.
The company manufactures lead-free crystal glassware as the company is conscious of the harmful effects of lead on the environment and in personal consumption.
The company follows the traditional method of producing handmade crystal with the help of blowpipes. This process is practiced almost all over the world because of the flexibility it gives in working and in maintaining the high quality standard for production of crystal. The basic design and layout of the furnaces was developed in consultation with Swedish technicians.
The company's Swedish technical collaborator Lindshammar Glasbruk AB, established in 1905, has become a part of the CG Holding group. The glassworks lies centrally within the â€œglass kingdomâ€ of Smaland in Sweden and Lindshammar Glasbruk AB is best known as the â€œcolorful glassworksâ€. The CG Holding group also own the Norwegian glassworks Hadeland Glasverk and in Sweden they own Steninge Palace Cultural Center and DUKA stores - famous for crystalware, glass, porcelain and tableware.
Product range of the company includes: