Precision Electronics Share Price

Precision Electronics

CMP as on25-Jan-21 15:16

₹ 19.25
-1 -4.94%

Open

₹ 20.85

Turnover (lac)

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₹ 20.25

Day's Vol (shares)

₹ 65

Day's Range

₹ 19.25
₹ 20.85

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 PCBs 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.

  • Managing Director

    Ashok K Kanodia
  • Director

    Rahul Goenka
  • Independent Director

    Sharvan Kumar Kataria
  • Company Secretary

    Veenita Puri
  • Whole-time Director

    Nikhil Kanodia
  • Independent Director

    Deepto Roy
  • Independent Director

    Neeraj Bajaj
  • Director

    Hardeep Singh Banga
  • Addtnl Non-Executive Director

    Preeti Grover

Registered Office

D-1081 New Friends Colony,
,New Delhi,
New Delhi-110025

REGISTRAR OFFICE

D-153/A 1st Flr,
Phase-I,New Delhi-110020
INDIA