Spectrum Electrical Industries Ltd Performance
Open
1380
Traded Value (Cr)
30.05 L
Prev. Close
1414
VWAP
1366.14
Volume
3,125
Face Value
10
Spectrum Electrical Industries Ltd Financials
Resistance and Support
₹1,394.98
PIVOT
Resistance | |
---|---|
First Resistance | ₹1,477.967 |
Second Resistance | ₹1,541.933 |
Third Resistance | ₹1,624.917 |
Support | |
---|---|
First Resistance | ₹1,331.017 |
Second Resistance | ₹1,248.033 |
Third Resistance | ₹1,184.067 |
RSI | 49.571 |
MACD | 10.016 |
ADX | 23.979 |
CCI | 8.777 |
Delivery and Volume
About Spectrum Electrical Industries Ltd
Spectrum Electrical Industries Limited was originally incorporated as a private limited company with the name 'Spectrum Polytech Private Limited' on August 12, 2008. The name of Company was changed to Spectrum Electrical Component Private Limited on March 11, 2014. Further, name of the Company was changed to Spectrum Electrical Industries Private Limited on June 14, 2018. The Company was subsequently converted into a Public Limited Company and the name of Company was changed to Spectrum Electrical Industries Limited on June 20, 2018. Mr. Deepak Chaudhari, Promoter of the Company, started his entrepreneurial journey in 1995 through a proprietary firm, M/s. Spectrum Electroplaters in Jalgaon, Maharashtra. The firm was focused on undertaking zinc, nickel, tin, copper, silver and gold electroplating for Morarjee Dorman Smith Pvt. Ltd.(presently part of Legrand Group) and VIP Industries Limited. As the firm's business grew, Mr. Deepak Chaudhari extended the business operations to Nashik by incorporating a partnership firm under the name and style of M/s. Spectrum Electroplater in 2003, along with Mr. Devendra Rane and Mr. Chandrakant Rane. The partnership firm commenced its business operations with electroplating and later on added distribution box manufacturing activities for Anchor Electricals Pvt. Ltd. and ABB Limited in 2012. To expand the fabrication capacity further, Mr. Deepak Chaudhari incorporated M/s. Spectrum Fabricators (India) Pvt. Ltd. in Jalgaon in 2004. After achieving stability in the operations across the group entities, Mr. Deepak Chaudhari started Injection Moulding business and set up a partnership firm, M/s. Spectrum Polytech at Jalgaon along with his wife, Mrs. Bharti Chaudhari in 2008. Later on, a commercial tool room was set up in Spectrum Polytech for manufacturing of dies and moulds. For improving efficiencies, effective management and improvement / advancement of business, it was decided to integrate all the business operations of the group entities into one single entity. Accordingly, through business transfer agreements dated March 31, 2017, business of all the group entities, along with respective assets and liabilities were transferred to Spectrum Electrical Industries Limited with effect from April 1, 2017.
Managing Director
Deepak Suresh Chaudhari
Founded
2008
NSE Symbol
SPECTRUM
Spectrum Electrical Industries Ltd Management
Name | Designation |
---|---|
Deepak Suresh Chaudhari | Managing Director |
Bharti Deepak Chaudhari | Whole-time Director |
Chandrakant Bhaskar Rane | Director |
Devendra Sudhakar Rane | Director |
Sanjay Padmakar Pawde | Independent Director |
Narendra Daulatrao Wagh | Independent Director |
Saurabh Shrikant Malpani | Independent Director |
Sarita Zamwar | Company Secretary |
Kishor Dalu Dhake | Addtnl Independent Director |