Him Teknoforge Share Price

Him Teknoforge Limited, erstwhile known as Gujarat Automotive Gears Limited, established in March, 1991 is a leading manufacturer and supplier of a wide variety of quality Forgings and Machined Components (Blanks Finished Heat Treated) like Transmission Gears, Bevel Gears, Pins, Axles, Shafts, Non Gear, forklift parts, offhighway equipment part, assemblies, sub assemblies, spider kits and repair kits. Upon the merger, the name of the Company was changed from Gujarat Automotive Gears Limited was changed to Him Teknoforge Limited with effect from January 09, 2018.Besides, it manufactures transmission gears to cater to the needs of the automobile industry, particularly for HCVs, Ambassadors and Jeeps with an installed capacity of 800 tpa. It makes steering pins and clutch shafts (gearbox items) for tractors. Currently, it is an OE supplier only for the tractor division of Mahindra Mahindra (MM). It commenced production in 1982 with a Forging Unit at Baddi, Himachal Pradesh, which was set up to supply quality forgings in bulk to various Original Equipment Manufacturers (OEMs) as well as Railways, Aftermarket and Exports.The Company is presently running its units located at Vadadora, in Gujarat, Baddi, in Himachal Pradesh and Pithampur, in Madhya Pradesh. It has undertaken retrofitting and reconditioning of old conventional machines. The Vadodara Plant has carried out multiple measures to upgrade its technological base. In FY 2019, the Plant commissioned new machines in key areas like gear cutting and heat treatment. These latest generation machines have helped to improve efficiency as well as quality of output.During 201819, the Company was merged with M/s Gujarat Automotive Gears Limited effective on 9th January, 2018.In FY24, Company has undertaken retrofitting and reconditioning of old conventional machines. This improved efficiency and considerably enhanced throughput. Also, the plants have commissioned new machines in key areas like gear cutting, forging presses and heat treatment, which has boosted the quality of output and efficiency.