The 5-year analysis of Mirc Electronics Ltd's performance infers:
We analysed the performance of Mirc Electronics Ltd share prices over the last 10 years. Here is what we found out:
Mirc Electronics incorporated in 1981 is engaged in manufacturing and marketing of LCD TV, DVD and home theatres, air conditioner, washing machine, mobile phone, microwave oven and projectors and display products. The company was founded by Mr.G.L.Mirchandani and Mr.Vijay Mansukhani. Company markets its products under the brand name â€˜ONIDAâ€™.
Companyâ€™s manufacturing plant is located at Thane, Noida and Roorkee. Today the company has network of 33 branch offices, 208
Companyâ€™s manufacturing plant is located at Thane, Noida and Roorkee. Today the company has network of 33 branch offices, 208 Customer Relation Center's and 41 depots spread across the country. Company produces single colour television in 12 seconds and has manufacturing capacity of 1.2 million sets in a year.
The company also has sales and marketing office in Dubai. Mirc Electronics exports its products to Uganda, Tanzania, Kenya and Ethiopia and SAARC countries. Company are marketed in big hypermarkets like Lu Lu Centres, Carrefours, Geants and Dasmans in GCC countries. MIRC Electronics shares are listed on the National Stock Exchanges and Bombay Stock Exchanges.
Mirc Electronics expects to increase its presence in their product portfolio and emerge as a leading solutions provider for electronic home improvement good. The Company has also introduced a high tech world class LCD which is considered the best in the industry.