Here is One Cables Company That have Given 10 Years Breakout and Expecting Good Returns With strict Stoploss.
Universal Cables Limited (UCL) was established in 1962 by late Shri M.P. Birla, the then Chairman, with modern plant for manufacture of Paper Insulated Cables. Since then, the Company has made rapid progress achieving a world class reputation.
In the year 1977, collaborating with M/s. Asea Kabels AB, Sweden (now called ABB Cables), UCL brought XLPE technology to India. The Company’s other collaborations are with internationally acclaimed leaders in their respective fields.
UCL is a leader in the Indian Cable Industry with the widest product range. The cable division has a very wide range of product. It includes Low Voltage, Medium Voltage and Extra High Voltage XLPE Power Cables upto 500 kV grade, PVC and Rubber Insulated Power Cables upto 11 kV grade, Control and Instrumentation Cables upto 1.1 kV for any number of Cores/Pairs and speciality Rubber Cables for Trailing/Flexible standards to suit to customer requirements. Its Cables and Capacitors are known by the Brand Name “UNISTAR”.
To meet the growing demand of Extra High Voltage Cables (220 kV and above), UCL has already ventured into this market segment. For this UCL has adopted VCV process at its Satna Plant in technical collaboration with the World Leader in Cable technology, Furukawa Electric Co. Ltd., Japan. The technical collaboration covers Cable designing, Manufacturing, Laying, Jointing, Testing and Installation.
UCL has also tied-up with Viscas Corporation, Japan (Power Cable Alliance of Furukawa & Fujikura) for sourcing new generation cable jointing accessories for 220 kV and above.
Apart from manufacturing Electrical Cables for multifarious applications, UCL is having full fledged EPC Division to execute Turnkey Contracts for various Utilities/Projects.
With this, UCL has now positioned itself as a complete solution provider for EHV Underground Power Cables Transmission System upto 500 kV, involving designing, manufacturing, laying, jointing and installation.
The 220 kV Cables prototype sample manufactured by UCL has been successfully Type Tested as a complete cable system at CPRI, Bangalore creating a land mark in itself as this is the first successful 220 kV cables system Type Test in India. UCL has successfully executed orders for 220 kV Cables.
The Capacitor Division of the Company, which commenced operation in the year 1967, manufactures world class All Poly Propylene (APP) Capacitors for AC applications. This Division was set up in collaboration with Toshiba, Japan for manufacture of Paper and Power Capacitors. In 1977, this Division entered into another technical collaboration with General Electric Company of USA for manufacture of Mixed Dielectric Capacitors and in 1985 for manufacture of All PP Dielectric Capacitors.
The product range includes Low & High Voltage Capacitors (415 VAC to 220 KVAC), APFC Panels, Medium Frequency Water Cooled Capacitors for Induction Furnace Application, Surge Protective Capacitors, Tuned and Detuned Filter Capacitors, DC Capacitors. This Division also provides services like Automatic PF Correction Systems, Harmonic Analysis and PF Studies.
Today, The Capacitor Division is rated to be the foremost manufacturer of All PP Power Capacitors in LT & HT Range in the country.
Company Name : UNIVERSAL CABLES LTD
Cmp : 157.50 (07.05.2021)
52 WEEKS HIGH/LOW : 175.60/83 (07.05.2021)
Target : 193.80 – 220 ++
Stoploss : 123.50/-Weekly Closing Basis .
Time Frame : 2 Months To 1 Year .
Based on Technical Analysis .
STUDY PURPOSES ONLY .
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