Shivalik Bimetal Shares Hit 52-Week High After Subsidiary Wins Approval for New Plant
India, July 3 -- Shivalik operates in precision engineered components industry driven by electrification, EV adoption and smart energy systems. Demand for bimetal strips, shunt resistors and PCB assemblies is rising globally as renewable integration expands. Manufacturers are scaling capacity to meet long-term demand.
Shivalik Bimetal Controls Limited shares surged to a 52 week high of 796.30 rupees on NSE, trading near 788.45, up over 3 percent intraday. Market capitalization stands around 4540 crore, with strong momentum driven by annual gains exceeding market benchmarks.
What's the News?
Shivalik Bimetal Controls Limited informed stock exchanges that its wholly owned subsidiary, Shivalik Engineered Products Private Limited, has rece...
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