Divyashakti Share Price

Divyashakti Limited, formerly known as Divyashakti Granites Limited was incorporated on 4 June, 1991 in the state of Andhra Pradesh. The Company is engaged in the manufacture and export of polished granite slabs, tiles, monuments and Quartz Slabs. Their business is classified into Polished Granite Slabs Tiles and Engineering Stones. Name of the Company was changed from Divyashakti Granites Limited to Divyashakti Limited with effect from 3rd January, 2022.It processes quality raw blocks from not only India but also from Brazil, Norway, Finland, Ukraine, Saudi Arabia, South Africa, Angola, Madgascar other African countries etc. Taking customer service a notch higher, it processes granite to specific requirements of individuals and ships them directly to their destinations.The Company has Large blocks of granite weighing as much as 60 tons are transported from the quarries from across the world. The slabs are then polished in multiple processes beginning with grinding that involves a very rough course diamond polish followed by an epoxy process that enhances the colour and texture. They are grinded and polished with more finer grade abrasives to give a final finish. Fully polished slabs are then packed in wooden crates, loaded into containers and shipped around the world. Upon reaching the Companys warehouses, the granite is delivered to several worktop companies that cut and polish the stone according to customer requirements.Over recent financial years, Company has experienced a sustained growth trajectory in its overseas business, strengthening its foothold as areliable exporter of highquality granite and engineered stone products. In 1993, Unit I was commissioned near Hyderabad in India. It comprised of 4 Gangsaws, 1 Line Polisher, 2 Block Cutting Machines and other machinery. In 2004, the facility was augmented with 2 Gangsaws, 2 Block Dressing Machines and a Line Polisher. To meet the growing demand, Unit II was commissioned in 2005 with 2 Gangsaws, 1 Line Polisher, 1 Block Dressing Machine, 1 Resin Plant and other technological additions.