Precision Metaliks Ltd. Stock Analysis PRECISION.NS

Precision Metaliks Ltd. engages in the provision of trading and manufacturing of aluminum alloy wheels. The company is headquartered in Vishakhapatnam, Andhra Pradesh and currently employs 16 full-time employees. The company went IPO on 2022-02-01. The firm is engaged in processing of semi-finished alloy wheels by rendering value-added services and other engineering services. The company processes semi-finished/raw cast alloy wheels to finished alloy wheels by carrying value-added services, such as cleaning, polishing, buffing, Plating, testing, and packing. Through the cleaning process, it first runs aluminum chips/filings, through an automatic magnetic separator, then washes the chips, then, chemically degreases the same, then dries the same before being packed. Its Engineering Services division provides end-to-end solutions that include product development activities, such as concept design, product development, tooling, prototyping, and various other services, such as flow foaming, skin-cut services, and others. The firm's products and services include Chrome Plated Alloy Wheels, Polished/Coated Alloy Wheels, Engineering Services, and Plastic/Aluminum Moldings.