You are here » Home » Companies » Company Overview » Madras Hi-Tech Circuits Ltd

Madras Hi-Tech Circuits Ltd.

BSE: 517304 Sector: Engineering
NSE: N.A. ISIN Code: N.A.
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN
PREVIOUS CLOSE
VOLUME
52-Week high 0.00
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 0
Buy Price
Buy Qty
Sell Price
Sell Qty
OPEN
CLOSE
VOLUME
52-Week high 0.00
52-Week low 0.00
P/E
Mkt Cap.(Rs cr) 0
Buy Price
Buy Qty
Sell Price
Sell Qty

Madras Hi-Tech Circuits Ltd. (MADRASHITECH) - Company History

Madras Hi-Tech Circuits, promoted by Simpson & Co (a part of the Amalgamations group) jointly with Electronics Corporation of Tamilnadu (ELCOT), was incorporated on 19 Apr.'89 in Madras. The group is one of the largest engineering houses in south India, dealing in a variety of engineering products and services. The company is a 100% EOU, manufacturing 15,000 sq m of single, double-sided and multi-layered professional-grade printed circuit boards. The PCB is a basic hardware component in any electronic equipment used for fabrication, as it interconnects the electronic components and also provides them with mechanical support. It is used in computers, communications, consumer durables, military and industrial electronics. The company entered into a turnkey agreement with J R Controls Inc (JRC), US, to finance and assist it in marketing its produce in the export markets. Around 80% of the raw material is imported. The raw material content in production is around 45%. The company plans to increase its production capacity, as the margins in the electronic component industry are very thin and sustained profitability can be achieved only by producing high volumes.