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Pitti Laminations trades higher on the bourses

Pitti Engineering Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 513519 | NSE: PITTIENG

16 Mar 2012 Evaluate

Pitti Laminations ip is currently trading at Rs. 80.05, up by 1.40 points or 1.78% from its previous closing of Rs. 78.65 on the BSE.

The scrip opened at Rs. 78.55 and has touched a high and low of Rs. 80.85 and Rs. 78.55 respectively. So far 9781 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 83.95 on 06-Mar-2012 and a 52 week low of Rs. 31.75 on 18-Aug-2011.

Last one week high and low of the scrip stood at Rs. 80.95 and Rs. 76.55 respectively. The current market cap of the company is Rs. 107.87 crore.

The promoters holding in the company stood at 60.00% while Institutions and Non-Institutions held 0.42% and 39.58% respectively.

Pitti Laminations (PLL), India's largest manufacturer of quality and special purpose electrical laminations has completed 25 years of its manufacturing. PLL started production with a capacity of 2,500 tons per annum (TPA) in 1987 in the city of Hyderabad and the capacity has increased tenfold to 25,000 TPA. To cater the insatiable demand for quality electrical laminations the company plans to enhance its facility further by increasing the production capacity to 35,000 TPA by 2012 with investment in tune of Rs 31 crore. The company has got its ISO 9001 certification in a short span of six years. The company has implemented ERP- Oracle 11i system in 2009.

PLL’s sustained focus on quality and service has helped the company to evolve as the largest Indian manufacturer of quality and special purpose electrical laminations for all types of rotating electrical machinery such as industrial motors, wind power generators, oil & gas, railway traction motors, medical diagnostic equipment, aeronautic wing control motors and many more. The 25 years of manufacturing has been marked suitably with revenues crossing Rs 400 crore by end of March 2012. During this year machining facilities were enhanced substantially.

PLL has two manufacturing facilities located in a 10 to 13 km radius from Hyderabad's new international airport. It has a prestigious clientele and is a long term supplier to all major global MNCs and Indian companies. The company’s products are also exported globally to prestigious clients. In addition it supplies electrical laminations and press tools to USA as well.

Pitti Laminations is engaged in the manufacturing of electrical laminations with an installed capacity of 25,000 MTPA for the use in Rotating Electrical Machinery such as industrial motors, aeronautic wing control motors etc. The company also manufactures die-cast rotors and assembled stators, besides manufacture and sale of press tools, jigs and fixture.

Pitti Engineering Share Price

926.15 41.15 (4.65%)

17-Apr-2026 16:59 View Price Chart

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