{"id":114432,"date":"2023-11-27T12:42:46","date_gmt":"2023-11-27T07:12:46","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=114432"},"modified":"2023-11-27T12:42:51","modified_gmt":"2023-11-27T07:12:51","slug":"shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/","title":{"rendered":"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1332553399\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3299307452\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 3,117.54 Crores. Shivalik Bimetal Controls Ltd, On Friday, The shares closed at Rs 541.20 a share, an increase of 0.20 percent from the previous closing price.\u00a0<\/p><p>The company filing states that Shivalik Bimetal Controls Ltd and Metalor Technologies International SA (Switzerland) signed a Memorandum of Understanding to establish a joint venture in India for the production and marketing of electrical contacts. The joint venture may go live in the upcoming trading session.&nbsp;<\/p><p>Thermostatic Bi-metals and Shunt Resistors are two specialized markets that are dominated by SBCL. In terms of market share, the company holds approximately 90% of the domestic market for Thermostatic Bi-metals and approximately 15% of the global market as per the HDFC securities.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-3835627718\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Looking into the company&#8217;s performance, Shivalik Bimetal Controls Ltd\u2019s revenue increased by 8.47 percent from Rs 118 Crore in Q2FY23 to Rs 128 Crore in Q2FY24. During the same period, net profits increased by 5.2 percent from Rs 19 crore to Rs 20 crore.&nbsp;<\/p><p>Shivalik Bimetal Controls Ltd\u2019s recent shareholding pattern, The Promoters of The Company own 51.09 percent while Retail shareholders own a 43.28 percent stake in the company and Foreign Institutional Investors own a 4.18 percent stake.&nbsp;<\/p><p>Shivalik Bimetal Controls Ltd reported an increase in the return ratios with the return on equity (ROE) increasing from 33.29 percent in FY 2021-22 to 34.61 percent in FY 2022-23, and in the same time frame, return on capital employed (ROCE) increased from 36.48 percent to 38.18 percent.&nbsp;<\/p><p>Shivalik Bimetal Controls Ltd. is a company that specializes in joining materials using a variety of techniques, including resistance welding, electron beam welding, diffusion bonding\/cladding, and solder reflow.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by:- Abhishek Singh<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-570013649\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.&nbsp; With a market capitalization of Rs 3,117.54 Crores. Shivalik Bimetal Controls Ltd, On Friday, The shares closed at Rs 541.20 a share, an increase of 0.20 percent from the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":46165,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14697,14698,14696,948,936],"class_list":["post-114432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-shivalik-bimetal-controls-latest-news","tag-shivalik-bimetal-controls-mou","tag-shivalik-bimetal-controls-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts\" \/>\n<meta property=\"og:description\" content=\"One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-27T07:12:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-27T07:12:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/\",\"url\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/\",\"name\":\"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg\",\"datePublished\":\"2023-11-27T07:12:46+00:00\",\"dateModified\":\"2023-11-27T07:12:51+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts - Trade Brains Features","description":"One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/","og_locale":"en_US","og_type":"article","og_title":"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts","og_description":"One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.\u00a0","og_url":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-11-27T07:12:46+00:00","article_modified_time":"2023-11-27T07:12:51+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/","url":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/","name":"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg","datePublished":"2023-11-27T07:12:46+00:00","dateModified":"2023-11-27T07:12:51+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"One of the leading Bimetal manufacturers signed the Memorandum of Understanding for setting up a Joint Venture in India to manufacture and sale of electrical contacts.\u00a0","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/06\/Manufacturing-Sector-1-Cover-Image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/shivalik-bimetal-controls-signs-mou-with-switzerland-firm-to-manufacture-electrical-contacts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Shivalik Bimetal Controls signs MOU with Switzerland firm to manufacture electrical contacts"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=114432"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114432\/revisions"}],"predecessor-version":[{"id":114433,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/114432\/revisions\/114433"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/46165"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=114432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=114432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=114432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}