Scripscan:Alfa Transformers Ltd
BSE code:517546
cmp:35
Story:Alfa Transformers is focusing on domestic orders from Utilities & Private customers and also taking all possible steps for procuring orders from overseas.The Company has absorbed the Hitachi Technology and able to manufacture prototype of different ratings & got them type tested at external laboratories.As a result,the Company is now ready for participating in Tender floated by different agencies.Its Unit-IV at Vadodara is ready and the commercial production of CRGO Distribution Transformers was commenced w.e.f. 24.02.2009.The Company has also registered with Electrical Utility Companies of Gujarat & Rajasthan and is also participated in tenders.The Company had procured a small order &execution has already started.Alfa transformer is hopeful of getting another order from Utilities in Gujarat shortly.The imported wound core machines have already been installed & trial production of wound cores was also started in the present fiscal. Similarly, the Unit-II factory at Bhubaneswar has already started its commercial production.It has started its manufacturing of Amorphous Core &single phase amorphous Transformers in full swing with the help of Hitachi Metal (India) limited.The factories at Unit-I, Unit-II and Unit-III which re situated in Orissa would fulfill the demand of Eastern India and Unit-IV will cater to Western India.The Company is also planning to complete the construction of Nasik Unit during 2009-10.It is also in search for a suitable land in or around Bhubaneswar to overcome the space inadequacy.Transformer Industry & Power Industry of the country are closely associated and in a way are interdependent as electricity can't reach the end users without inserting transformers en-route for transformation of variousvoltage levels.The Government programmes for providing electricity to all, and electrifying remaining 1,25,000 villages is good symbol for electrical manufacturing industry, suppliers of Transformers & its Accessories etc. The future requirements for transformers are enormous and alfa is geared up to catapult itself in the top league with the above mentioned developments.Its a small company with tiny marketcap of 18crs but the potential looks immense.At 30rs odd looks worth a bet for the longer term perspective.
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
