Jainik Power Cables Ltd
Jainik Power |
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About Company
- Jainik Power & Cables Limited was originally incorporated as a Private Company with the name 'Jainik Enterprises Private Limited' dated May 02, 2011 issued by the RoC
- The Company name was changed to Jainik Power and Cables Private Limited' and fresh Certificate of Incorporation was issued by the RoC dated February 09, 2024, thereafter upon conversion into a Public Company, the name finally changed to Jainik Power and Cables Limited' and fresh Certificate of Incorporation was issued by the RoC dated May 08, 2024
- The Company was originally established to operate in the aluminium industry, primarily engaging in trading of aluminium scrap and ingots through imports
- Initially, its focused on procuring and supplying raw materials, such as aluminium ingots and scraps, to various manufacturers of aluminium wire rods and traders who, in turn, catered to other manufacturers
- The company was a supplier of aluminium scrap and ingots to aluminium wire rod manufacturers, which established their credibility and strong network within the industry
- The operations were focused on sourcing raw materials and distributing them to manufacturers of aluminium wire rods until the financial year 2018-19
- n the financial year 2019-20, the company made a significant strategic shift by expanding their business model into trading of aluminium wire rods in addition to raw materials they were already dealing with
- This expansion into wire rod trading was a natural progression, as the promoters gained insights into the complete supply chain of the aluminium wire rod industry
- Led by the Promoters, Mr
- Prateek Jain, Jainik is engaged in production of Aluminum Wire Rods from year 2023
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Jainik Power Cables Ltd?
The current share price of Jainik Power Cables Ltd (Jainik Power) is ₹126.10. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Jainik Power Cables Ltd?
Jainik Power Cables Ltd has a 52-week high of ₹153.10 and a 52-week low of ₹60.60. This range shows the stock's price volatility over the past year.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
