Support and Resistance Levels
Past performance
About Shivagrico Implements Ltd Shivagrico Implements Limited, originally established as Shiv Steel Works in 1965, is a prominent manufacturer of hand tools and agricultural implements, including pickaxes, garden rakes, and more. Renowned for its 'LION' and 'CHETAK' brands, the company serves a diverse clientele including Defense, Railways, and PWD Irrigation. With its manufacturing facility located in Falna, Rajasthan, Shivagrico maintains full control over its production process, from raw material procurement to finished product delivery, thanks to its induction furnace, rolling plant, and forging units.
Operating through its Rolling and Forging Divisions, the company boasts a rolling capacity of 36,000 metric tonnes annually, producing various bars for tools and the automobile industry. Its Forging Division produces 2.6 million units of agricultural tools yearly, employing advanced forging techniques and heat treatment processes. Notably, its Drop Forging facility manufactures 800,000 implements annually for TATA Limited, highlighting its significant industrial footprint and expertise in turnkey projects for agricultural implement manufacturing.