Hot Pursuit     04-Aug-23
Shivalik Bimetal gains after CRISIL reaffirms ratings
Shivalik Bimetal Controls rose 1.05% to Rs 642 after CRISIL, the credit rating agency, reaffirmed its ratings for the company's bank facilities.
The total bank loan facilities rated amount to Rs 71 crore. The long-term rating has been reaffirmed as CRISIL A/Stable, while the short-term rating remains CRISIL A1.

Shivalik Bimetal Controls is a company specialized in the joining of material through various methods such as diffusion bonding / cladding, electron beam welding, solder reflow and resistance welding.

On a consolidated basis, net profit of Shivalik Bimetal Controls declined 1.89% to Rs 21.28 crore on 14.81% increase in net sales to Rs 127.19 crore in Q1 June 2023 over Q1 June 2022.

Previous News
  Shivalik Bimetal Controls consolidated net profit rises 42.07% in the September 2022 quarter
 ( Results - Announcements 04-Nov-22   17:58 )
  Shivalik Bimetal Controls standalone net profit rises 557.65% in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   18:45 )
  Shivalik Bimetal Controls fixes record date for bonus issue
 ( Market Beat - Reports 30-Sep-22   10:24 )
  Shivalik Bimetal hits the roof after Q2 PAT spurts 157% YoY to Rs 14 cr
 ( Hot Pursuit - 03-Nov-21   12:17 )
  Shivalik Bimetal Controls to convene board meeting
 ( Corporate News - 01-Feb-24   16:38 )
  Shivalik Bimetal Controls standalone net profit rises 44.77% in the September 2017 quarter
 ( Results - Announcements 13-Dec-17   17:11 )
  Shivalik Bimetal Controls to announce Quarterly Result
 ( Corporate News - 31-Jan-18   11:40 )
  Shivalik Bimetal Controls standalone net profit declines 49.31% in the June 2019 quarter
 ( Results - Announcements 13-Aug-19   17:26 )
  Board of Shivalik Bimetal Controls recommends interim dividend
 ( Corporate News - 10-Feb-21   13:23 )
  Shivalik Bimetal Controls to consider Bonus Issue
 ( Corporate News - 23-Aug-22   10:31 )
  Shivalik Bimetal Controls fixes record date for bonus issue
 ( Market Beat - Reports 13-Sep-17   18:38 )
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