Pitti En­gi­neer­ing Ltd: For good re­turns

Money Times - - Stock Buzz | Expert Eye - By Vi­hari

(BSE Code: 513519) (CMP: Rs.83.95) (FV: Rs.5)

In­cor­po­rated in 1987 by Sharad Pitti, Pitti En­gi­neer­ing Ltd (PEL) man­u­fac­tures qual­ity lam­i­na­tions and is a one-stop so­lu­tion provider for crit­i­cal sec­tors. It is an ISO 9002 cer­ti­fied com­pany with the largest mar­ket share in the spe­cial pur­pose mo­tors seg­ment in In­dia. Its prod­uct range in­cludes 300 dif­fer­ent types of elec­tri­cal lam­i­na­tions, which are used in all types of mo­tors for a wide spec­trum of ap­pli­ca­tions, al­ter­na­tors, DC ma­chines, trac­tion mo­tors, pumps, train light­ing gen­er­a­tors, rail­way light­ing al­ter­na­tors, aero­nau­tics and med­i­cal di­ag­no­sis equip­ment, wind­mill gen­er­a­tors, diecast ro­tors, sta­tors, etc. It man­u­fac­tures press tools, pro­gres­sive tools jigs, fix­tures, cast­ings, steel fab­ri­cated parts and ma­chined com­po­nents sta­tor and ro­tor as­sem­blies. It pro­duces small lam­i­na­tions via high speed press for com­pres­sors. It plans to diver­sify into forg­ings.

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