Signet Industries Ltd. Stock Analysis SIGIND.NS

Signet Industries Ltd. engages in the trade of polymers and other products. The company is headquartered in Dhar, Madhya Pradesh and currently employs 556 full-time employees. The company went IPO on 2012-05-30. The firm also manufactures micro-irrigation systems (DRIP), sprinkler pipe / polyvinyl chloride (PVC) pipe and agro-fittings and its allied products, all types of household and plastic molded furniture. The company operates through three segments: Manufacturing, Wind Power Unit, and Trading. The Manufacturing segment is engaged in the manufacturing of irrigation and plastic products. The Wind Power Unit segment includes wind turbine power units. The Trading segment is engaged in merchant trading of various products. Its product lines include micro-irrigation systems, high-density polyethylene (HDPE) pipes and cable ducts, PVC pipes and fittings, household molded products, and molded furniture, spray pumps, crates and ghamela. Its applications include construction, agriculture, storage, transportation, mining, animal feeding, domestic uses, milk transportation and drainage applications.