The 5-year analysis of Galada Power & Telecommunication Ltd's performance infers:
We analysed the performance of Galada Power & Telecommunication Ltd share prices over the last 10 years. Here is what we found out:
Galada Power & Telecommunication was incorporated in 1972, it was earlier known as Galada Continuous Castings, and got its present name on February 24, 1995.
The company manufactures aluminum and aluminum alloy conductors (AAAC), specialty wires, rolled products, castings and alloy ingots. It has not been operating its Uppal (Hyderabad) plant since 2000 and at present, its Silvassa plant is operational with an installed capacity of 14,700 MTPA.
The company has also been participating
The company has also been participating in tenders floated by power utilities and others in a limited way by having financial tie-ups with raw material suppliers and also by forming consortium with conductor manufacturers, under licensor-licensee agreement.
Venturing into marketing of optical fibers for overhead communication lines and energy-efficient hardware fittings, the company entered into an agreement with a UK company to market its products in India. It is also present in line contracts and allied activities. The company has 220 KV sub-stations at Yerandahalli and Doddaballapur and is also qualified to quote for line contract works up to 220 KV sub-stations on its own.
The company has been declared as a sick industrial undertaking by the Board of Industrial and Financial Reconstruction (BIFR) since September 2001. The registered office of the company is located at P 2/6, IDA Block-III, Uppal, Hyderabad-500039, Andhra Pradesh.
Business area of the company:
The company is engaged in the manufacturing and supplying of electrical conductors for overhead power transmission and distribution lines.