Scripscan:Asian Electronics Ltd
cmp:8
Code:503940
Story:Asian Electronics Limited engages in the design, manufacture, and marketing of lighting products and systems in India. It offers energy efficient systems, energy saving fittings, energy saving electronic ballasts for FTLs/CFLs, compact fluorescent lamps/self ballasted CFL, CFL down lighters, luminaries, CFL based street light fixtures, fixtures for industrial lighting, load monitoring systems, and intelligent lighting systems. The company also provides accent lighting, indoor commercial and industrial lighting, façade lighting, road lighting, and landscape lighting products. In addition, it offers capacitors, automatic electrical load monitoring systems, tube light fittings/energy saving devices for tube lights, and plant and machinery; and various services, such as audits for energy saving performance, design and implementation of conservation measures, maintenance, operation and management of the introduces facilities, and procurement of project funds. Asian Electronics Limited’s products has applications in the house hold, corporate, industrial, down lighting, flood lighting, and landscaping segments, as well as under water, municipalities, street lighting, and for special applications as in clean rooms in the pharmaceutical industry. The company sells its products primarily under the Asian Pearl, Asian Ujala, Asian Raymold, and Asian iLux brand names through distributors and dealers. Asian Electronics Limited also exports its products to the United States, the United Kingdom, and rest of Europe.So much to talk about but alas gone are the days when this particular counter used to make headlines daily.I dont foresee any change in its future prospects barring horrible days.Numbers too have disappointed time and again.Management has turned lethargic with lack of vision.Use any major rally in the counter to lighten up your positions.
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