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About Precision Electronics
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.
Parent Organisation
Indian Private
Managing Director
None
Founded
1979
NSE Symbol
Community Discussion
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AngelOne
10th July 2024
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AngelOne
10th July 2024
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Precision Electronics Ltd FAQs
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Precision Electronics Ltd (Precision Electronics Ltd) share price as of July 18, 2024, on NSE is Rs undefined (NSE) and Rs undefined (BSE) on BSE.
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1. Direct investment: You can buy Precision Electronics Ltd (Precision Electronics Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Precision Electronics Ltd (Precision Electronics Ltd) shares.
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