Shivalik Bimetal Controls Subsidiary Receives Consent for New Facility in Himachal Pradesh
Shivalik Bimetal Controls Ltd has announced that its wholly owned subsidiary, Shivalik Engineered Products Private Limited, has received the necessary consent to operate the new facility located in Waknaghat, Distt. Solan, Himachal Pradesh.The facility is situated at Plot No. 2 to 4 and 9 to 12 in the Industrial Area of Waknaghat, HP- 173234.
This development underscores the company’s commitment to continued expansion within the sector. The operation relates to a planned relocation being undertaken by Shivalik Engineered Products Private Limited.
Management stated that the transition and relocation are being managed in a phased manner. This methodical approach is intended to ensure uninterrupted production across operations and provide seamless support for all stakeholders.
SBCL Stock Price Movement
As of 11:57 AM, shares of Shivalik Bimetal Controls Limited are surging in live trading, edging higher by 3.97% to reach ₹793.50. The stock achieved an incredible milestone, hitting its 52-week high and generating a robust daily traded volume of 813,804 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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