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About Centum Electronics
Solectron Centum Electronics Ltd., formerly known as C-MAC Centum Electronics (C-MCEL) is a 51% Subsidiary of C-MAC Industries of Canada. The parent company is a leading, internationally-diversified designer and manufacturer of advanced electronic components, sub-systems, and frequency control products (FCP), and provides contract assembly services for the telecom, automotive instrumentation, defence, and aerospace industries. It factories are spread across Europe, the US and China.
C-MCEL was primarily set up to cater to the telecommunication requirement in the country. Its major customers inculdes ITI, HTL, BI Technologies, Punjab Communication, Crompton Greaves, L&T, ABB and Deltron. The company supplies 80% of its products to the telecom industry. Due to this dependence of the company on single sector the company has to suffer losses in past. So to diversify and meet the demand for defence and aerospace sector the company imported and installed machines worth Rs 2 cr to cater this markets.
The company is the largest manufacturer of hybrid micro circuits in the country. It is also the largest exporter of resistor networks. The company was also awarded the best productivity award by C-DOT for its products in 1999.
Recently the company set up a 100% EOU to manufacture FCP product to cater to the world-wide clients. This new facility also received the ISO 9001 certification within five months of trial production.
The Company completed the first full year of production of Frequency Controlled Products. The product was well received by companies like Nortel, Nucent, Marconi etc., and the Company was able to export Rs 150 million of these products.
Parent Organisation
Indian Private
Managing Director
Apparao V Mallavarapu
Founded
1993
NSE Symbol
CENTUM
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Centum Electronics Ltd FAQs
What is the share price of Centum Electronics Ltd (CENTUM) shares?
Centum Electronics Ltd (CENTUM) share price as of October 22, 2024, on NSE is Rs 1769.65 (NSE) and Rs 1769.65 (BSE) on BSE.
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1. Direct investment: You can buy Centum Electronics Ltd (CENTUM) shares by opening a Demat account with Angel One.
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1. Direct investment: You can buy Centum Electronics Ltd (CENTUM) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Centum Electronics Ltd (CENTUM) shares.
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