Shivam Autotech Ltd share Price Today

Shivam Autotech Limited , formerly known as Munjal Auto Components (MAC) belongs to Hero Group. The Company commenced its operations in September 1999 as a full fledged, autonomous wing of the HERO Group, The company manufactures and markets Components for the Auto Sector to an Original Equipment Manufacturer (OEM). Its current product offering includes different kinds of Gear Blanks, Spline Shafts, Finished Gears & Plungers. Today, the Company`s infrastructure spans pan India across 4 strategic locations including Gurgaon, Haridwar, Bengaluru and Rohtak. The company is a ISO / TS 16949 , OHSAS 18001 & ISO 14001 Certified Company, which uses Near Net Shape Technology for Cold and Warm Forging for manufacturing its products. Shivam Autotech Ltd started its production of Machined GEAR Blanks from Hot Forgings in 1999-2000. During 2000-01, the production of SPLINE SHAFTS started from Cold Extrusion with imported toolings from Japan and production of WARM Forgings started with imported toolings from Japan. During 2001-2002, the company expanded the facilities for 2nd Warm Forging Lines. Model Parts like P40, P60, P70, CDN were developed during the same period. During 2002-2003, Plunger Supply started to MICO BOSCH for Fuel Pump During 2003-04, the company was recognised as direct on line supplier by Hero Honda and it also started Shaping, Carburising for finished gears and Shafts. During 2004-05, the company was awarded by MICO BOSCH in recognition to Excellence in Performance. In 2006, the company awarded for 2nd &3 rd Prize in Model Competition in "KAIZEN SUMMIT" Organized by INSSAN on 17th & 18th Nov. 2005. The company also Won "Distinguished Case Study Award" in CCQC 2005 organized by QCFI-Delhi Chapter on 1st Oct. 2005. The Company`s state of the art Haridwar Plant commissioned in April, 2009 and became fully operational in 2010. The Company in 2013-14, finalised the project and chose Kolar-District (Near Bangalore, Karnataka) as new location for new plant. In order to meet the ever-increasing demand for its existing business and for the potential of new business, the Company identified IMT Rohtak (Near Delhi/NCR) as new location. During FY 2017-18, the Company achieved major milestones in setting up of two state of the art manufacturing facilities at Bengaluru and Rohtak. The Bengaluru Plant was put to operations in April 2016.

Shivam Autotech share price as on 08 May 2024 is Rs. 38.85. Over the past 6 months, the Shivam Autotech share price has increased by 23.14% and in the last one year, it has increased by 41.27%. The 52-week low for Shivam Autotech share price was Rs. 23.75 and 52-week high was Rs. 49.75.