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Centum Electronics Ltd.

BSE: 517544 Sector: Engineering
NSE: CENTUM ISIN Code: INE320B01020
BSE LIVE 11:29 | 23 May 598.00 -9.75
(-1.60%)
OPEN

602.00

HIGH

602.00

LOW

593.60

NSE 11:21 | 23 May 596.00 -18.20
(-2.96%)
OPEN

601.05

HIGH

609.85

LOW

578.45

OPEN 602.00
PREVIOUS CLOSE 607.75
VOLUME 92
52-Week high 708.00
52-Week low 435.00
P/E 25.56
Mkt Cap.(Rs cr) 762
Buy Price 590.20
Buy Qty 6.00
Sell Price 597.95
Sell Qty 40.00
OPEN 602.00
CLOSE 607.75
VOLUME 92
52-Week high 708.00
52-Week low 435.00
P/E 25.56
Mkt Cap.(Rs cr) 762
Buy Price 590.20
Buy Qty 6.00
Sell Price 597.95
Sell Qty 40.00

Centum Electronics Ltd. (CENTUM) - Company History

Solectron Centum Electronics Ltd., formerly known as C-MAC Centum Electronics (C-MCEL) is a 51% Subsidiary of C-MAC Industries of Canada. The parent company is a leading, internationally-diversified designer and manufacturer of advanced electronic components, sub-systems, and frequency control products (FCP), and provides contract assembly services for the telecom, automotive instrumentation, defence, and aerospace industries. It factories are spread across Europe, the US and China. C-MCEL was primarily set up to cater to the telecommunication requirement in the country. Its major customers inculdes ITI, HTL, BI Technologies, Punjab Communication, Crompton Greaves, L&T, ABB and Deltron. The company supplies 80% of its products to the telecom industry. Due to this dependence of the company on single sector the company has to suffer losses in past. So to diversify and meet the demand for defence and aerospace sector the company imported and installed machines worth Rs 2 cr to cater this markets. The company is the largest manufacturer of hybrid micro circuits in the country. It is also the largest exporter of resistor networks. The company was also awarded the best productivity award by C-DOT for its products in 1999. Recently the company set up a 100% EOU to manufacture FCP product to cater to the world-wide clients. This new facility also received the ISO 9001 certification within five months of trial production. The Company completed the first full year of production of Frequency Controlled Products. The product was well received by companies like Nortel, Nucent, Marconi etc., and the Company was able to export Rs 150 million of these products.