Shivalik Bimetals Controls Ltd is a MNC which has almost been ignored by the investor community. Co is R & D driven with in-house R& D centre approved by the Deptt. of Scientific and Industrial Research Govt. of India.Since 1986 company has been making quality products ( Thermostatic Bimetals Strips and Bars, Electron Beam welded bimetal and trimetals, Snap action Discs, precision spring rolled stainless steel etc etc) for export markets. With marketing offices in NAFTA, BRAZIL, EUROPE,JAPAN, and KOREA, company is truly an Indian MNC . Most of its products are single vendor supplies to OEM’s.
Company’s products cater to Industrial, Autos, Aviation,Electronics, Medical and Domestic Appliances sectors.
Financials are also very interesting:
Scrip Code : 513097 Company Name : Shivalik Bimetal Controls Ltd
At CMP of Rs. 15 scrip is avavilable at P/E of less than 4.5 and has a great potential to double from these levels.
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