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Swelect Energy Systems Ltd.

BSE: 532051 Sector: Engineering
NSE: SWELECTES ISIN Code: INE409B01013
BSE 15:40 | 17 Jan 483.60 4.95
(1.03%)
OPEN

472.00

HIGH

486.75

LOW

470.00

NSE 15:43 | 17 Jan 482.60 2.90
(0.60%)
OPEN

474.15

HIGH

485.00

LOW

465.20

OPEN 472.00
PREVIOUS CLOSE 478.65
VOLUME 2239
52-Week high 633.00
52-Week low 328.80
P/E 17.02
Mkt Cap.(Rs cr) 489
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 472.00
CLOSE 478.65
VOLUME 2239
52-Week high 633.00
52-Week low 328.80
P/E 17.02
Mkt Cap.(Rs cr) 489
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Swelect Energy Systems Ltd. (SWELECTES) - Company History

Numeric Power System was promoted for corporate conversion of the existing non-corporate concers of the Numeric Group i.e. M/s. Numeric Controls & Systems and M/s. Hi-Power Corporation and was incorporated on September 1994. The company now manufactures UPS systems and have largest number of installations in the country. The company has technical collaboration with M/s High Performance Drives Inc., USA for manufacture of high frequency MOSFET based UPS systems and power conditioners.The company has been appointed as the authorised dealer by Groupe Schneider, France and Information Systems Pte. Ltd., Singapore for their products UPS and IT products respectively. The company has two manufacturing units are located at Sedarapet, Pondichery and Semmanchery Village, Chennai. In 2001-02 the company had launched new products in the line Interactive range namely DIGITAL 500 which was well received in the market. The company has retained its top spot in UPS & Power Electronics Manufacturing for the 9th consecutive year from 1995 on All India ratings.The newly launched range of intelligent UPS systems have certainly generated a good momentum in the IT and Banking sector. During 2002-03,the company has signed an agreement with the Board of Investment of SriLanka(BOI) and established company's new manufacturing plant for export of UPS systems and utilise the benefits of Indo SriLanka Free Trade Agreement(ISFTA).Incorporated as a Private limited company (Numeric Lanka Technologies Private Ltd),a wholly owned subsidiary of Numeric Power,has already commenced its operations from Colombo,SriLanka.