ISGEC Heavy Engineering Limited is a heavy engineering company engaged in the manufacture of process plant equipment, mechanical and hydraulic presses, alloy steel and ferrous castings, containers, contract manufacturing and execution of projects for setting up boilers, sugar plants, power plants and air pollution control equipment for customers in India and abroad.The company had undertaken the expansion of the Titawi sugar factory and the Mawana sugar factory. In 1995, the companys Indian Sugar and General Engineering Corporation (ISGEC) was awarded the ISO 9001 certification by Lloyds Register of Quality Assurance, UK.In 1993, the companys subsidiary ISGEC Covema Plastics, was granted a letter of intent for setting up a 2500 tpa sugar plant at Kamoda in the Kurukshetra district of Haryana. The company exports to the UK, southeast Asian countries and to the eastern parts of Africa, west Asia and to the neighbouring countries. The company recently started exporting to Cambodia and Australia also.During 199899, the company has signed a collaboration agreement with an Italian Company, Belleli, for manufacture of High Pressure Reactors used in the fertiliser and refinery industries.Two major Press Lines were supplied to Krupp JBM Pvt.Ltd. during 19992000, which was a major achievement for the company as these were supplied in a record period of time. The company also supplied a high pressure and sophisticated Reactor to the Indian Oil Corporation, the order of which was booked by our Italian collaborator but the fabrication was done in the companys shops. An agreement with M/s Foster Wheeler USA for transfer of latest Circulating Fluidized Bed Boilers technology was signed in 200001.The company has got exports orders for Cupro Nickel and Chrome Ferrite Stainless Steel Heat Exchanges. During the yearended 31stMarch 2015, the Company acquired the entire share capital of Free Look Software Private Limited. This Company owned a plot of land in Noida.In FY 2016, the Company completed a project consisting of Sugar Plant of 3500 tonnes Per Day capacity and 15 Mega Watt Cogeneration Plant on a turnkey basis, including civil work. In FY 2016, the company entered into a Collaboration Agreement with Neuson Hydrotec GmbH, GaisbergerstraBe 52 4030 Linz, Austria for manufacture and sale of Nosing Press Plant, Forging Plant, Forging Complex Press and Straightening Press.In FY 2016, the Company successfully manufactured Low Pressure and Medium Pressure Decomposers for the Fertilizer Industry. In addition, the Company, for the first time, supplied Chain Type Heat Exchangers for a Fertilizer Plant and also Low Pressure Heaters for the Nuclear Power Corporation of India Limited.In FY 2016, the Company successfully completed four Complete Sugar Plants and seven Modernization and Expansion Projects.In FY 2016, the Company successfully manufactured Low Pressure and Medium Pressure Decomposers for the Fertilizer Industry. In addition, the Company, for the first time, supplied Chain Type Heat Exchangers for a Fertilizer Plant and also Low Pressure Heaters for the Nuclear Power Corporation of India Limited.During the year 2016, ISGEC Hitachi Zosen Limited (IHZL), the Joint Venture Company successfully supplied critical equipment, such as Ammonia Converter as per Haldor Topsoe Process for a Refinery, Condenser for the Fertilizer Industry and Hydro Processing Reactor as per CLG (Chevron Lummus Global) Process for the Petroleum Industry.During FY 2017, the Tubing and Piping Division received approvals to become a supplier for projects of NTPC, EIL and other reputed Indian and International customers. The division also obtained ASME PP certification and received orders for execution with PP stamping.During the FY 2017, the liquefied gas container division successfully developed and tested new models of Containers for new generation of Refrigerant Gases.
What is the current share price of ISGEC Heavy Engineering Ltd today on both NSE and BSE?
ISGEC Heavy Engineering Ltd shares are currently priced at 1118.4 on NSE and 1116.4 on BSE as of 5/17/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.
How has ISGEC Heavy Engineering Ltd [ISGEC] shares performed in the past ?
The past 1-year return of ISGEC Heavy Engineering Ltd [ISGEC] share was 128.68. The ISGEC Heavy Engineering Ltd [ISGEC] share hit a 1-year low of Rs. 475.95 and a 1-year high of Rs. 1178.25.
What is the market cap of ISGEC Heavy Engineering Ltd [ISGEC] ?
The market cap of ISGEC Heavy Engineering Ltd is Rs. 8223.54 Cr. as of 5/17/2024 12:00:00 AM.
What is the current P/E ratio of ISGEC Heavy Engineering Ltd [ISGEC] share price ?
The PE ratios of ISGEC Heavy Engineering Ltd is 36.81 as of 5/17/2024 12:00:00 AM.
What is the current PB ratio of ISGEC Heavy Engineering Ltd [ISGEC] share price ?
The PB ratios of ISGEC Heavy Engineering Ltd is 4.01 as of 5/17/2024 12:00:00 AM
What is the Mutual Fund shareholding in ISGEC Heavy Engineering Ltd?
The Mutual Fund Shareholding was 8.1% at the end of 5/17/2024 12:00:00 AM.
How can I buy ISGEC Heavy Engineering Ltd shares?
You can easily buy ISGEC Heavy Engineering Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.