Miven Machine Tools Ltd
Miven Mach. Tool | 522036
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About Company
- Miven Machine Tools Limited, formerly Giddings & Lewis India Limited originally promoted by Mysore Kirloskar in 1985 to manufacture turning machines completely came into the fold of Foreign partner by acquiring a 38% equity stake of Mysore Kirloskars, the Indian Promoters
- Subsequent to increasing the stake to 76% by foreign promoters, the name of the Company was changed to Giddings & Lewis India Limited from Kirloskar Waner Swasey in July 23, 1999
- Later N A Sirur(Hubli) Pvt Ltd, the Holding Company presently acquired 74
- 98% Equity Shares of the Company and the name of the Company was changed to Miven Machine Tools Limited on July 23, 2002
- The Company's product line includes universal CNC turning machines, CNC chucker machines, small CNC machines and special-purpose CNC machines
- The company came out with a public issue in Nov
- '86 to set up a machine tool unit in Karnataka to manufacture 62 computer numerically controlled (CNC) turning machines pa
- Due to accumulated losses, the company's debt-equity ratio was 5
- To defuse the crisis, the company came out with a liberal rights issue in the ratio of 1:1 to raise the equity
- The company's clientele includes Bharat Forge, Premier Automobiles, Escorts Tractors, BEML, Hindustan Motors, Audco (I), the ordnance factory project, heavy vehicle factories, etc
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Miven Machine Tools Ltd?
The current share price of Miven Machine Tools Ltd (Miven Mach. Tool) is ₹83.58. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Miven Machine Tools Ltd?
Miven Machine Tools Ltd has a 52-week high of ₹103.38 and a 52-week low of ₹58.90. This range shows the stock's price volatility over the past year.
What is the ROE of Miven Machine Tools Ltd?
Miven Machine Tools Ltd has a Return on Equity (ROE) of 0.00%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
