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Precision Electronics Ltd.

BSE: 517258 Sector: Telecom
NSE: N.A. ISIN Code: INE143C01024
BSE 00:00 | 20 Mar 18.40 0
(0.00%)
OPEN

18.40

HIGH

18.40

LOW

18.40

NSE 05:30 | 01 Jan Precision Electronics Ltd
OPEN 18.40
PREVIOUS CLOSE 18.40
VOLUME 20
52-Week high 41.70
52-Week low 16.50
P/E 30.16
Mkt Cap.(Rs cr) 25
Buy Price 16.75
Buy Qty 100.00
Sell Price 18.40
Sell Qty 300.00
OPEN 18.40
CLOSE 18.40
VOLUME 20
52-Week high 41.70
52-Week low 16.50
P/E 30.16
Mkt Cap.(Rs cr) 25
Buy Price 16.75
Buy Qty 100.00
Sell Price 18.40
Sell Qty 300.00

Precision Electronics Ltd. (PRECELECTRONIC) - Company History

Incorporated in May '79 in Haryana, Precision Electronics (PEL) was the first venture promoted by technocrat A Kanodia, an electrical engineering and business management graduate from the MIT, US. It is in manufacture of PCB's and has also diversified into the field of PCM-MUX. It has plants at Faridabad, Harayana, to manufacture single- and double-sided PCBs (inst. cap. : 10,000 sq mtr pa). PEL manufactures PCM-MUX in technical collaboration with ITI and C-DoT. The plant had an installed capacity to produce 500 terminals. PCM-MUX are used in the telecommunications sector for interfacing from the digital to the analogue exchange. In India, the ratio of analogue to digital exchanges is 65:35 which signifies the potential for PCM terminals. As all communication links to be set up in future will be digital, future demand will be very high. PEL also manufactures a variety of PCBs with an overall annual capacity of 38,300 sq mtr (single-sided PCBs : 10,000 sq mtr; double-sided plated through holes 24,000 sq mtr; and multilayer flexible and flex-rigids : 4300 sq mtr). PEL has a technical and financial collaboration with Wagner, Germany. In 1994, Precision entered into a collaboration agreement with Societe Anonyme de Telecommunication, France, to manufacture digital multiplexers. The company made its maiden exports in 1994-95. It is one of the very few companies awarded Automatic Inspection Status by DoT/TEC. The Company has been registered with the Board for Industrial & Financial Reconstruction as a sick company for need based relief and concessions for financial reconstruction. IFCI has been appointed as operating agency.