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Jainik Power and Cables Limited IPO Review

Their Business Strategies are Increase in Installed Capacity, Expansion and diversification in the same field of business, an increase wallet share with existing customers and continued focus to expand customer base,

Jainik Power and Cables Limited Products and Services

Jainik Powerica Limited Ipo company was originally established to work in the aluminium industry, mainly in the aluminum residue industry and Ingots through imports. Initially, it was focused on buying and supplying raw materials, such as aluminium slips and clips, aluminium string bars and various manufacturers of traders, who in turn complete other manufacturers.

This strategic change marked a significant phase in their trade development when they focused Create the required infrastructure, obtaining advanced technology and make important investments to set up a full construction unit.

Financial Overview

JPCL, which was in business activities for aluminium bars, has now been included in the production of rods and wires. This has posted a sudden increase in top and bottom lines from production activities. It extends its ability to meet the growing demand. Based on the recent economy, the problem is aggressive price. It is a Northern field -centric player that increases the market share. Well -informed investors can park money for moderate to long periods.