Delton Cables Share Price

Delton Cables Limited was initially incorporated as Delton Cable Industries Private Limited in September, 1964. Thereafter, the Company converted into a Public Limited Company and the name of the Company was changed to Delton Industries Private Limited in June, 1981 and again to Delton Cables Limited in 1981. The Company manufactures a comprehensive range of wires cables catering to diverse applications across the power, telecommunication, transportation, railways, renewable energy, water and sewage treatment, cement, steel, mining, oil and gas, infrastructure, aerospace, defence, and other industrial sectors. It serves to the government utilities, power distribution companies, EPC contractors, industrial enterprises, OEMs, and international clients. The Company pioneered the development of Indias electrical industry in 1948. The Company works a unit in Faridabad. It is a prime supplier to the Power, Telecommunication, Railways, Steel and Mining sectors in India and in the International market also. In 198182, the Company completed modernisation programme at its Faridabad factory at a cost of Rs.74 lakhs. ICICI sanctioned a term loan of Rs.35 lakhs for this programme and the balance was met from internal resources. Early in 198384, manufature of jelly filled cables was taken up in the existing plant by the addition of some balancing equipment.During 198889, the Company implemented a project to manufacture jelly filled cables at Dharuhera with an installed capacity of 500 million core metres per annum, at a cost of Rs.22 crores. manufacture of jelly filled cables in the new unit commenced during 198990.During 198788, the Company was granted an industrial licence for the manufacture of 50,000 lines of Electronic Private Automatic Branch Exchanges (EPANX) and allied equipments per annum in the state of Haryana. The project was undertaken in a joint venture Company Delta Systems Pvt. Ltd. co promoted by the Company along with ATEA, Belgium and Siemens Ltd. The Company developed Switchboard Cables and Polythene Insulated Jelly Filled Cables during 20002001. It started commercial production of Switchgear products in November 2007 at new unit in Noida.