G R Cables Share Price

CMP as on04-Sep-17 13:41

₹ 0.31
-0.01 -3.13%

Open

₹ 0.31

Turnover (lac)

Prev. Close

₹ 0.32

Day's Vol (shares)

₹ 1,000

Day's Range

₹ 0.31
₹ 0.31

Promoted by G R Reddy and Associates, G R Cables set up facilities to manufacture Jelly-Filled Telephone Cables (15 lac CKM), part-financed by the par issue made on Jan.95.Mainly used for inter-city networks, the demand for JFTCs depends mainly on the investment / outlay for adding new direct exchange lines. In a business where demand outstrips supply, cost-competitiveness will determine the quantum of orders from the DoT and MTNL. Since the project cost/CKM is among the lowest in the industry, the company is expected to bid competitively for tenders floated by the DOT and MTNL. The experience of the main promoter G R Reddy and Chairman S M Prasad (former CMD of MTNL) in this field will help the company.The company has a collaboration with the Essex Group, US (which also has agreements with Sterlite, Finolex Cables and T N Telecommunications).The company introduced new types of Switch Board Cables during 2001-02.During 2002-03 the sales were dipped due to non acceptance of the orders from various customers. This was due to price reduction and un-remunerative sales prices offered by BSNL/MTNL.

  • Chairman & Managing Director

    G R Reddy
  • Whole-time Director

    G V B R Reddy
  • Non-Exec. & Independent Dir.

    A Ranganayakulu
  • Non-Exec. & Independent Dir.

    Lakshmi Sree Kadumuri
  • Non-Exec. & Independent Dir.

    Pushpala Beena Naidu

Registered Office

36 Santhosh Nagar,
Mehdipatnam,Hyderabad,
Telangana-500028

REGISTRAR OFFICE

3rd Flr 306 Rightwin,
Somajiguda,Hyderabad-500082
INDIA