Pricol Ltd | Bargain Stock | Investing | Finance | Share Market | Automotive Engineering | Share Guru Weekly
BSE Code: 540293
Face Value: Re 1.00
Market Price: Rs 65.75/-
(As on 27 Jun 18 | 16:00)
Pricol Ltd, erstwhile PremierInstruments and Controls Ltd, manufactures automotive components for two and three wheelers, cars, trucks, buses, tractors and Off-road vehicles used in the construction and Industrial segment from its eight facilities spread across the country. The company has patents for 38 products. Its products include innovative automotive parts, control cables, cigarette lighters, oil pumps, vehicle security systems, display instruments, clusters, speed sensors, digital techno craft, and brake light switches. In the segment of driver information systems for two-wheelers, it ranks second place,and in the segment of instrument clusters for tractors and high-way vehicles occupies fourth place in the world. It is the world's 10th largest firm in the production of automotive sensors. Pricol is the leading player in the segment of speed governors and cabin tilt mechanisms for heavy vehicles, telematics solutions for tractors, and automotive pumps for two-wheelers in the Indian market.
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By 2020, the company will complete the erection of four new plants. It is also forming joint ventures in the segments of O-2 sensors, fuel pump modules, and hydraulics. It is expanding largely in the areas of telematics, automotive sensors, and wiper systems.
In the fourth quarter, ended March 2018, the standalone net profit of the company spiked to Rs 32.6 Cr from a meagre Rs 93 lakh in the same period of the earlier year. In the full financial year 2017-18, the standalone net profit increased to Rs 53.47 Cr from Rs 46.67 Cr in the earlier full financial year. The EPS was Rs 5.64.
Its 52-Wk high was Rs 138, while Low recorded at Rs 67. Currently, the stock is trading at around its 52-Wk Low.