Even though the stock has been a thinly traded one with average volumes of just 2,556 shares for the past year, a total of 20,400 shares were traded on the BSE. |
The company caters to the premium segment of the investment casting industry, with the automotive industry accounting for 80 per cent of its domestic business. |
The company has set up a 100 per cent owned subsidiary as an export oriented unit . Commercial production from this new unit is expected to commence in the second half of 2005-06. |