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ADC India Communications Ltd.

BSE: 523411 Sector: Telecom
NSE: KRONECOMM ISIN Code: INE833A01016
BSE LIVE 15:59 | 29 Jun 219.85 -1.70
(-0.77%)
OPEN

229.95

HIGH

230.00

LOW

217.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 229.95
PREVIOUS CLOSE 221.55
VOLUME 734
52-Week high 324.80
52-Week low 217.00
P/E 26.08
Mkt Cap.(Rs cr) 101
Buy Price 219.85
Buy Qty 18.00
Sell Price 0.00
Sell Qty 0.00
OPEN 229.95
CLOSE 221.55
VOLUME 734
52-Week high 324.80
52-Week low 217.00
P/E 26.08
Mkt Cap.(Rs cr) 101
Buy Price 219.85
Buy Qty 18.00
Sell Price 0.00
Sell Qty 0.00

ADC India Communications Ltd. (KRONECOMM) - Company History

Incorporated in Jul.'88, Krone Communications was jointly promoted by Krone, Germany, the Karnataka State Electronics Development Corporation and M L Thukral and his associates. The company's collaborator Krone, Germany, holds a 51% equity stake. The company manufactures telephone connectors including back panel connectors and allied products for use in telecommunication cable network and commercial/industrial cabling systems. Earlier, KCL was just a telecom products company, but has, off late,transformed itself into a total solution provider. In only 10 years, it has established its pre-eminence in the manufacturing and supply of MDF andassociated external plant products. More than 6 million lines stand installed with Krone products, through every single technology - Siemens',Ericssion's, Alcatel's and Lucent's apart from C-DOT. KCL also providestechnical and marketing support for copper and fiber optictelecommunication networks, structured cabling systems and wireless localloop systems. In Jul.'99, Krone AGs' has been acquired by the US based GenTek Group. With this acquisition, Krone is confident about the unique market position in cable manufacturing business. Krone has launched a unique high end cabling system "TrueNet" in Nov-99. The new LSA NT high density MDF launched last year saw wide acceptance in the market and almost 230K line were successfully delivered during the year. A new German design of the NT module product is going to hit the Indian market.As per the plans the new product is expected to be introduced in April,2003.