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Standard Batteries Ltd.

BSE: 504180 Sector: Others
NSE: STANDRDBAT ISIN Code: INE502C01039
BSE 09:58 | 06 Oct 29.85 1.20
(4.19%)
OPEN

28.95

HIGH

29.95

LOW

28.75

NSE 05:30 | 01 Jan Standard Batteries Ltd
OPEN 28.95
PREVIOUS CLOSE 28.65
VOLUME 446
52-Week high 49.75
52-Week low 22.20
P/E
Mkt Cap.(Rs cr) 16
Buy Price 28.80
Buy Qty 2033.00
Sell Price 29.85
Sell Qty 8.00
OPEN 28.95
CLOSE 28.65
VOLUME 446
52-Week high 49.75
52-Week low 22.20
P/E
Mkt Cap.(Rs cr) 16
Buy Price 28.80
Buy Qty 2033.00
Sell Price 29.85
Sell Qty 8.00

Standard Batteries Ltd. (STANDRDBAT) - Company History

Incorporated on 20 Jun.'45 and promoted by the Williamson Magor group Standard Batteries (SBL) manufactures lead storage batteries for automotive industrial and submarine applications and for miners caplamps. The company is the leading supplier of submarine batteries to the Indian Navy and it also supplies miner's caplamps to the mining industry. SBL has three manufacturing units at Vakola and Kanjur Marg both in Bombay and at Guindy Madras. The company has technical collaborations with Furukawa Battery Company Japan; Oldham France; Oldham Batteries UK; and Hagen Batterie Germany. SBL launched the Standard Furukawa automotive battery in collaboration with Furukawa. The company supplies original equipment (OE) to automotive and tractor manufacturers and Maruti Udyog is among its leading clients. It supplies industrial batteries to multinational telecom companies like Ericsson Alcatel AT&T and Siemens. To improve quality and productivity SBL is relocating its present Vakola plant to Taloja by installing machinery in a single large shed separately for automotive and industrial batteries. In 1998-99 the Company sold its entire battery business to M/s Exide Industries Limited (EIL) effective from February 16 1998.

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