Signet Industries Limited (SIGIND.NS)
Signet Industries Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Dhar, MP, IN. The stock last traded at $66.32, down 3.30% on the session, giving a market capitalisation of $1.95B. Its beta of 0.09 implies it has historically moved less than the broad market.
Signet Industries Limited, an Indian company established in Indore in 1985 (and formerly known as Signet Overseas Limited until January 2010), operates with a multifaceted approach, spanning manufacturing, trading, and renewable energy generation. The company's trading division focuses on the domestic distribution of various polymers and related chemicals, including PVC, polyolefins such as HDPE, LLDPE, and PP, PET resins, and plasticizers like DOP and DBP. It also handles the import and trade of specific polymer grades, notably LDPE and metallocine. In its manufacturing segment, Signet produces a wide array of goods, from micro irrigation systems and various pipes (HDPE sprinkler, HDPE, PVC) and fittings, to cable ducts, spray pumps, crates, molded furniture, and numerous household plastic items like buckets, mugs, and stools. Furthermore, its Wind Power Unit generates and supplies electricity through windmill installations located in the states of Rajasthan and Maharashtra.
Signet Industries Limited is most often compared with the following Basic Materials names: