Numeric the number one UPS company in india is having operations in chennai. It began its operations in 1984 and became public in 1996. The company has since diversified in to solar power, volatage stabalizers, isolation transformers, invertors, DC power, custom built power conditioners and power management products.
Its clients include nationlised and multinational banks, research and eductional institutions, IT companies like wipro, honeywell, infosys etc, state and central govt bodies, defence and psu's.
The company reported an eps of rs 41for the year ending march,07 and had reserves of 97 crores on an equity base of just 5 crores. The company has reported an eps of rs 17.8, 21, 20.9 in the three quarters in the previous financial. This means that this would result in an eps of Rs 60 is the company maintains the current performance. The stock is currently trading around Rs 640 and is available at a p/e of around 11. The 52 week high of the compay was 1190 and a low of Rs 330. Some of the mutual funds like icici tax saver and principal mutal funds have holding in this company. The collective stake of mutual funds is 7.8% and the promoters and foreign individuals hold 63% inthe company. Kindly note that the volumes of the company are currently low at around 2000 shares a day.
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