Traded @ BSE/NSE (500074)
Target : 50 - 55+
Great Stock to Buy this Wednesday Morning.............
Go & Grab Your LUCK............!!!
BPL (BPL) is engaged in diverse business segments like molding and healthcare. Promoted by T.P.G. Nambiar, the company was incorporated in 1963 and went public in 1994. The chairman and managing director of the company is Ajit G. Nambiar.
The company`s has been restructuring itself through subsidiaries and joint ventures. The company now focuses on mold design and manufacture, plastic injection molded parts, and healthcare. It caters to various industry verticals for the plastic injection molding business including automotive, consumer electronics, white goods, consumer telecom and medical devices. Customers for this division include Toyota, Honda, Hyundai, Ford Visteon and SANYO. The company`s healthcare division focuses on cardiology devices. The range of products includes patient monitoring systems, central nursing stations for cardiac monitoring, defibrillators for cardiac resuscitation, stress test systems, nebulisers, oxygenerators, ultrasound scanners, foetal monitors and dopplers.
The healthcare division has recently entered into a strategic alliance with Sobha Renaissance Information Technology to enhance the effectiveness of managing healthcare resources. The company`s subsidiaries include BPL Display Devices, Bharat Energy Ventures and BPL Securities. BPL`s CTV business has been transferred into a joint venture company with Japan based SANYO Electric. The company has recently decided to transfer the printed circuit board activities to a proposed joint venture company and had earlier decided to lease out its alkaline battery business.
MORE ABOUT BPL
British Physical Laboratories was founded in 1963, during the Licence Raj, by TPG Nambiar in Palakkad, Kerala, as a company for manufacturing hermetically sealed precision panel meters for the defence forces. Nambiar had worked in the United Kingdom and United States, and when he returned to India, he desired to create a company that manufactured high-quality electronic products, and he wanted to make BPL a household name.[1]
BPL initially expanded its medical product ranges to include electrocardiographs and patient-monitoring systems. After the 1982 Asian Games, BPL expanded its range further and manufactured colour televisions and video cassette recorders, and later refrigerators, batteries and other consumer electrical equipment.[3]
The company headquarters was moved to Dynamic House, Church Street, Bangalore. From medical electronics, it expanded into consumer electronics, telecommunications, soft energy and electronic components.
From 1980 onwards, when the industrial licensing was relaxed, BPL began manufacturing televisions and telecommunications equipment, demonstrating its potential and future business area. It began collaborating with the Japanese Sanyo Electric Company in the early 1980s with a technology-transfer agreement. In the early 1990s, after globalisation and liberalization of the Indian economy, competition entered the market. BPL retained its strong presence and growth rate. During the late 1990s, the company's annual revenue peaked at INR4300 crore (equivalent to INR110 billion or US$1.7 billion in 2015).
BPL concentrated on importing technology, improving product quality, innovations and manufacturing of electronic products. In late 1980s, BPL had metamorphosed from an entrepreneurial venture, into India's biggest consumer electronics & telecommunication company.
Following economic liberalisation in India in 1991, BPL faced increased competition from South Korean companies LG and Samsung. Internal disputes within the controlling family took away attention from external threats, and the company's fortunes declined.[2] By 2004, BPL and Sanyo were facing serious financial problems due to intense competition in the global electronics market.[4] In 2005, the companies announced a joint-venture, and BPL transferred its colour television business, then worth US$80 million, to the new venture.
BPL was restructured with a focus on energy, healthcare, consumer electronics and home security systems.
You, Enjoy Your HOLIDAY, While, We're Working for You..........!!!
Grab, this Counter @ Opening Bell....
Whatever Rate You Got It............!!!!
It'll Move Like Anything, Like Agni - 5 Missile In Today's Trading Session.
Highly Bullish in this Counter........!!!
Buy @ 31.50 - 31.70
Today's Target : 35.50 - 37+
Ultimate Target : 50 - 55+
SL : 29
It's Another Dark Horse
No comments :
Post a Comment