Precision Electronics Ltd
Prec. Electronic | 517258
Share Price Chart - Precision Electronics Ltd
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About Company
- Incorporated in May 1979 in Haryana, Precision Electronics Limited (PEL) was the first venture promoted by technocrat A Kanodia, an Electrical Engineering and Business Management Graduate from the MIT, US
- In 1994, the Company got into with Societe Anonyme de Telecommunication, France, to manufacture digital multiplexers
- The Company was registered with the Board for Industrial & Financial Reconstruction as a Sick Company for need based relief and concessions for financial reconstruction
- IFCI was appointed as Operating Agency
- Problems during the year 1997-98 related mostly to the Telecom Division of the Company
- The overall progress of the business was affected by the uncertain conditions prevailing in DOT due to the scam
- This slow down resulted in lack of order from DOT inspite of the Company being competitively placed in some of the tenders
- Therefore capacity utilisation was extremely poor and coupled with high operating and financial costs resulted in the Company suffering further losses
- The liquidity crunch in the Company prevailed due to the above factors and also substantial amount due to Company still remaining recoverable from Mahanagar Telephone Nigam Limited - A Government of India Enterprises, against supplies made during the year 1996
- The Roorkee Unit became operational and infrastructure was developed to handle sophisticated MILCOM products in 2007-08
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Precision Electronics Ltd?
The current share price of Precision Electronics Ltd (Prec. Electronic) is ₹222.25. 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 Precision Electronics Ltd?
Precision Electronics Ltd has a 52-week high of ₹266.30 and a 52-week low of ₹107.10. This range shows the stock's price volatility over the past year.
What is the ROE of Precision Electronics Ltd?
Precision Electronics Ltd has a Return on Equity (ROE) of 0.00%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
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.
