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Swelect Energy Systems Ltd.

BSE: 532051 Sector: Engineering
NSE: SWELECTES ISIN Code: INE409B01013
BSE 00:00 | 03 Mar 195.45 0.25
(0.13%)
OPEN

196.00

HIGH

202.00

LOW

193.00

NSE 00:00 | 03 Mar 197.60 2.40
(1.23%)
OPEN

196.05

HIGH

209.70

LOW

195.25

OPEN 196.00
PREVIOUS CLOSE 195.20
VOLUME 5585
52-Week high 233.90
52-Week low 56.30
P/E 10.98
Mkt Cap.(Rs cr) 296
Buy Price 196.00
Buy Qty 150.00
Sell Price 199.85
Sell Qty 50.00
OPEN 196.00
CLOSE 195.20
VOLUME 5585
52-Week high 233.90
52-Week low 56.30
P/E 10.98
Mkt Cap.(Rs cr) 296
Buy Price 196.00
Buy Qty 150.00
Sell Price 199.85
Sell Qty 50.00

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 2002-03the 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 Powerhas already commenced its operations from ColomboSriLanka.

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