What is the main business of GMM Pfaudler?

What is the main business of GMM Pfaudler?

GMM Pfaudler (previously known as Gujarat Machinery Manufacturers) is an Indian Industrial Engineering company which manufactures engineering equipment and glass-lined equipment for the global chemical and pharmaceutical markets. Its headquartered in Karamsad, Gujarat.

Why did GMM Pfaudler fall?

The company’s share price was down 5 per cent. The stock began to fall after GMM Pfaudler announced on Monday that promoters plan to sell 17.6 per cent stake in the company. The floor price of the sale was at a steeply discounted price of Rs 3,500 per share.

Who bought GMM Pfaudler?

GMM Pfaudler on Wednesday announced that it has completed the transaction to acquire a majority stake of its parent, the Pfaudler Group, from the private equity firm Deutsche Beteiligungs AG Fund VI.

Will GMM Pfaudler go up?

Will GMM Pfaudler stock price grow / rise / go up? Yes. The Gmm Pfaudler Ltd stock price can go up from 4787.300 INR to 6256.880 INR in one year.

What is glass-lined vessel?

A glass lining is the application of a layer of glass via powder coating that is then heated in a furnace which then bonds to the metal of the vessel. The thickness and glass type & colour can vary but a general guide is 2mm thickness for most duties.

What does GMM Pfaudler makes?

GMM Pfaudler manufactures glass-lined reactors as well as non-glass-lined equipment for pharmaceutical and chemical companies. It has a market share of 60 percent in glass-lined equipment in India.

What is the target of GMM Pfaudler?

Date Stock Target
28 May 2020 GMM Pfaudler Ltd. 2639.00
24 Jan 2020 GMM Pfaudler Ltd. 2201.00
19 Nov 2019 GMM Pfaudler Ltd. 1503.00
22 Aug 2019 GMM Pfaudler Ltd. 1541.00

What is the product of GMM Pfaudler?

GMM Pfaudler – Defining the standard Over the years, it has diversified the product portfolio to include: Glass-Lined Equipment, Mixing Systems, Filtration and Drying Equipment, Engineered Systems, Heavy Engineering and Acid Recovery.

What is tantalum plug?

Tantalum clip works as an electrical conductor between an electrode material (free-standing or deposited on a substrate) and an external circuit. Tantalum’s corrosion resistance is very similar to that of glass, as both are unsuitable for use in hydrofluoric acid and strong hot alkali applications.

Why is the glass-lined reactor Blue?

A: The blue coloring comes from the cobalt that was added to the glass formulations a long time ago. Usually the choice of which color to use comes down to concerns about cleaning and what particles could be left behind.

What is glass lined vessel?

What is the full form of GMM?

GMM

Acronym Definition
GMM Good Mythical Morning
GMM Gaussian Mixture Model
GMM Generalized Method of Moments (economics)
GMM General Membership Meeting

What is it like to work at GMM Anand plant?

I had a good tenure at GMM in Anand plant. Had a good free hand to formulise the strategy. Working environment is friendly and conducive. Team is a silent great achievers. Implementing new technology is possible and management is adaptive. HR initiatives are very nice and make sure that you are at comfortable level to deliver the best.

Where is MGMM Pfaudler located in Anand?

GMM Pfaudler Ltd. is located in Anand at Vithal Udyognagar, Anand – Sojitra Road, Karamsad. At & Po. Chikhodra I – 39, G. I. D. C., Vithal Udyog Nagar, Vallabh Vidhyanagar Dist Anand (Gujarat) India. • Top A To Z Bathroom Access.

What is GMM Pfaudler limited?

GMM Pfaudler was incorporated in 1962 as Gujarat Machinery Manufacturers (GMM) and listed on the Bombay Stock exchange. In 1987 Pfaudler Inc., USA subscribed to 40% to form a joint venture. Pfaudler Inc. further increased their stake to 51% in 1999 and the name of the company was changed to GMM Pfaudler Limited.

What is the job description of a purchase engineer at GMM?

My work at GMM as a purchase engineer, that include inquiry of commodities, comparative statement preparation, negotiation with vendors, vendor development, purchase order preparation and need to ensure delivery schedule without failure so that it won’t affect production plan. Also handle some urgent requirement to meet customer delivery.

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