Business 14
Modern Insulators Ltd
Market Cap:- 495 Cr
Share Price:- 105 Rs
Stock P/E :- 15.1
ROCE:- 7.55
Modern Insulators Ltd is engaged in the business of manufacturing insulators, terry towels, and EPC projects.
Modern Insulators Ltd
Market Cap:- 495 Cr
Share Price:- 105 Rs
Stock P/E :- 15.1
ROCE:- 7.55
Modern Insulators Ltd is engaged in the business of manufacturing insulators, terry towels, and EPC projects.
Established in 1982, MIL started the manufacturing of alumina porcelain insulators for high voltage and extra high voltage transmission lines and electrical equipment in technical collaboration with Siemens, AG, Germany.
Insulators are used in electrical equipment to support and separate electrical conductors without allowing current through themselves.
Modern Insulators limited is the leading porcelain insulator manufacturer in India.
The product portfolio of the co includes:
Modern Insulators limited is the leading porcelain insulator manufacturer in India.
The product portfolio of the co includes:
Hollow Insulators: Used in Current transformers, Voltage transformers, Capacitive voltage transformers.
Solid Core Post Insulators: Used in solators (Disconnectors),Pantographs, Busbar support, Wave trap support
Solid Core Post Insulators: Used in solators (Disconnectors),Pantographs, Busbar support, Wave trap support
Railway Insulators: Used in Stay arm insulators, Bracket insulators, 9 Tonne insulators, Sectioning insulators
Long rod Insulators: Used in high voltage transmission lines
Long rod Insulators: Used in high voltage transmission lines
Modern Insulators’ manufacturing plant is situated in Abu Road, Rajasthan and has a currently installed capacity of 26,000 metric tonnes per annum.
Management:-
MODERN Group is one of the leading engineering and textile industrial groups in India, which emerged on the corporate scene in 1973. The group, founded by Mr. HS Ranka, is now led by Mr. Sachin Ranka and has 4 manufacturing divisions, as under:
MODERN Group is one of the leading engineering and textile industrial groups in India, which emerged on the corporate scene in 1973. The group, founded by Mr. HS Ranka, is now led by Mr. Sachin Ranka and has 4 manufacturing divisions, as under:
• MODERN Insulators Limited • MODERN Terry Towels • MODERN Denim • MODERN Foundry (Iron & Aluminium metal castings)
Growth:-
1. Demand From Railway
1. Demand From Railway
2. Demand From Power.
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