Meera Industries Ltd. Stock Analysis 540519.BO

Meera Industries Ltd. engages in the manufacture of machinery for textile, apparel, and leather production. The company is headquartered in Surat, Gujarat. The company went IPO on 2017-05-15. The firm is engaged in the business of manufacture and sale of customized textile machinery and machinery parts. The firm is involved in the trading and manufacturing of yarn including import and export of the same. The company deals in twisting, cabling, winding, and heat setting machines. The company provides a combination of design, manufacturing, testing facilities, and after-sales support. Its products include Two for One (TFO) Twisters; Servo Controlled Cop Winder; Cone to Cone Winder; Ring Twisting Machine; Covering Machine; Twisting Machines (TPRS Twister); Heavy Duty Twister and Cabler Machine, and Continuous Bulk & Heat Setting Machine. Two for One Twisters include Spun Yarn Twister, Embroidery Thread Twister, Industrial Thread Twister, and Filament Yarn Twister. The TFO twisting machines comprises a gear change system for all types of settings. Industrial Thread Twister is used for polyester, nylon, and viscose yarn.