Solitaire Machine Tools Ltd

Solitaire Machine Tools Ltd Share Price Today: Live Updates & Key Insights

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Solitaire Machine Tools Ltd Share Price Chart

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Solitaire Machine Tools Ltd Fundamentals

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Solitaire Machine Tools Ltd Share Price Performance

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This section highlights Solitaire Machine Tools Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Solitaire Machine Tools Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

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Solitaire Machine Tools Ltd Traded Volume Movement

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This section highlights Solitaire Machine Tools Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

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Solitaire Machine Tools Ltd Technical Details

Solitaire Machine Tools Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

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Solitaire Machine Tools Ltd Corporate Actions

Solitaire Machine Tools Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Solitaire Machine Tools Ltd’s capital allocation strategies.

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Solitaire Machine Tools Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Solitaire Machine Tools Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Solitaire Machine Tools Ltd's relative performance and valuation against major competitors.

Stock Name Yash Innoventures Ltd ₹43.00 (-1.38%) M. Cap (Cr) 0.69 1 Yr Return (%) +22.75% P/E (TTM) 22.02 PB Ratio 3.44

Stock Name Meera Industries Ltd ₹62.50 (-3.79%) M. Cap (Cr) 0.67 1 Yr Return (%) -28.30% P/E (TTM) 18.28 PB Ratio 2.35

Stock Name Solitaire Machine Tools Ltd ₹117.00 (+2.36%) M. Cap (Cr) 0.53 1 Yr Return (%) +16.28% P/E (TTM) 27.19 PB Ratio 2.71

Stock Name Austin Engineering Company Ltd ₹149.00 (-1.62%) M. Cap (Cr) 0.52 1 Yr Return (%) -28.69% P/E (TTM) 12.26 PB Ratio 0.82

Stock Name Misquita Engineering Ltd ₹110.00 (+3.77%) M. Cap (Cr) 0.52 1 Yr Return (%) -27.63% P/E (TTM) 260.31 PB Ratio 4.20

Stock Name Cranex Ltd ₹77.15 (-1.81%) M. Cap (Cr) 0.51 1 Yr Return (%) -52.65% P/E (TTM) 25.83 PB Ratio 2.76

Solitaire Machine Tools Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Solitaire Machine Tools Ltd, across its operating activities, investing activities, and financing activities.

Solitaire Machine Tools Ltd Shareholding Pattern

This shows the ownership breakdown of Solitaire Machine Tools Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

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About Solitaire Machine Tools Ltd

Established on May 24, 1967, Solitaire Machine Tools Ltd is exclusively engaged in the business of manufacturing and selling Precision Centerless Grinders and Loose Spares etc. The Company is part of the industry broadly known as Capital Goods. The Capital Goods Industry consists of various products in different segments like Auto Ancillary industry, General Engineering industry, Aerospace and Defence Industry, Steel and Textile Industry. During the year 2001 the company has entered into a formal agreement with M/S Delta-Tau Datasystems Inc,of USA and have started marketing the products. A new assembly facility at the plant has now become fully operational and company has capacity to increase the output without any further investment in infrastructure. The company has orders worth over Rs.3.00 crores in hand as on March 2003. The company made a buy back of 200342 equity shares during 2002-03. During Financial year 2003-04, the Company acquired further shares of subsidiary companies M/s.Eugene Marketing Limited and M/s. Shruchi Marketing Limited thereby making them wholly owned subsidiaries of the Company. In 2004-05, it divested the holding in one of the wholly owned subsidiary; Eugene Marketing Limited and hence Eugene Marketing was no longer a subsidiary of the Company. The Company commissioned a Second Plant in Gorwa area of Baroda to focus on Remanufacturing and CNC Retrofitment work of Centerless Grinder and other Precision grinders. Besides, the new No.3 size grinder was developed by the Company and first grinder was taken in production during 2006. In 2011, Company developed 5 Axis CNC Centerless Grinder and a line of 3 Grinders was supplied to Rane Engine Valve, Trichy. It further developed B occa R 50 CNC Centerless Grinder. A Line o f two grinders were supplied to Lakshmi Machine Works, Coimbatore. The machines were highly automated and developed with state of the art technology. The Micro Centerless Grinder and Double Disk Grinder were launched during the year 2015. The Company went a step further to extend use of Renewable Energy by installing Solar Power system at Chhani Plant during 2017. It worked with a German Group to design grinder to their specifications. With joint effort, the grinder was perfected to European standards and was delivered to their plant in India, which progressed well on the said Project. During the year 2018, Company worked with a major Bearing manufacturer to Remanufacture and CNC Retrofit six grinders and project was completed. The wholly owned subsidiary, Shruchi Manufacturing Limited was merged into the Company during year 2019 through the Scheme of Amalgamation implemented on 29.4.2020. The Company began construction work at Halol Plant in 2023. It started a SPM Division designed only to do one operation with high productivity.

Executive Chairman & CFO

A J Sheth

Registered office 3-A Fl P 731 P-3 Arun Chamber, PanditMadan MalviyaMarg Tardeo, Mumbai, Maharashtra, 400034

FAX :91-022-66602156

Background

Incorporation Year 1967

Face Value ₹10.00

Market Lot 1

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