Technocraft Industries (India) Limited (TIIL.BO)
Technocraft Industries (India) Limited operates in the Manufacturing - Metal Fabrication industry of the Industrials sector, headquartered in Mumbai, MA, IN. The stock last traded at $3095.00, up 7.42% on the session, giving a market capitalisation of $70.15B. Its beta of 0.21 implies it has historically moved less than the broad market.
Technocraft Industries (India) Limited is a diversified enterprise operating both domestically and internationally, with core businesses spanning drum closures, scaffolding, and various textile products including yarn and fabric. Within its drum closures division, the company manufactures an array of sealing solutions. These comprise steel-plated, stainless steel, and steel lacquer drum closures, in addition to nylon and polypropylene plugs, capseal and canseal closures, insertion dies, and clamps. Its scaffolding and construction segment provides an extensive range of equipment. This includes proprietary systems like Techring, Techlok, and Techstage, along with telescopic steel props, steel planks, frames, shoring props, specialized profiles, and a variety of scaffolding accessories. Furthermore, Technocraft supplies comprehensive formwork systems, such as slab decking solutions (featuring slab strips, beams, and drops), wall form systems, and lightweight formwork. They also produce specialized infra formwork designed for significant infrastructure projects, including bridges and metro lines, and construct towers for transmission, telecommunications, solar power, and general infrastructure applications. In its textile operations, the company is a producer of diverse yarns, encompassing raw-white cotton ring-spun varieties, carded and combed yarns suitable for knitting and weaving, and specialized options like compact, slub, organic, and BCI yarns. Extending beyond yarn, Technocraft also manufactures apparel for men, women, and children. The textile portfolio is further complemented by a broad selection of fabrics. Offerings include plain and spandex/Lycra single jerseys, ribbed fabrics (both with and without spandex/Lycra), interlocks, piques, two- and three-thread fleeces, various plaited and structured fabrics, and feeder/engineered striped materials. Beyond its manufacturing activities, the company also delivers engineering services. Founded in 1972, Technocraft Industries (India) Limited is headquartered in Mumbai, India.
Technocraft Industries (India) Limited is most often compared with the following Industrials names: