Uniflex cables limited (buy)

Uniflex cables limited on of the largest and leading company in India serving its customers since 1981 with its wide range of cables well known by brand name UNICAB। The plant is ideally located at Umbergaon, Dist. Valsad, Gujarat (India) just 140 kms. From Mumbai is well equipped with advance manufacturing and testing facilities having the largest range of electrical and telecommunication cables and has five major divisions.

THROUGH THE YEARS ...


1981 ESTABLISHED WITH ELASTOMERIC DIVISION
1990 INCORPORATED AS UNIFLEX CABLES LTD
1993 POWER CABLE DIVISION
1995 OPTICAL FIBER CABLE DIVISION
1996 JELLY FILLED (PIJF) CABLE DIVISION
1996 ISO 9002 CERTIFIED
1999 ISO 9001 CERTIFIED
2003 EXPORT house

Uniflex Cables Ltd is a leading manufacturer of Telecom & Power Cables in India. After serving the domestic market for more than 20 years, Uniflex entered the International Market last year. Today, the cables are being exported to more than 25 countries in Middle East, South East Asia, Africa, Australia, Russia and Europe. Backed by its dedicated Export Department & its representatives in various countries, Uniflex Cables has, the ability to dispatch material and & ensure that the immediate & ongoing needs of the clients are met- WORLD WIDE.
With it's tradition to satisfy all it's customers requirements, from Immediate demand to an integrated Cable Management-quickly, efficiently & competitively, Uniflex Cables combines material availability with technical expertise to develop the most cost effective cables and wires in order to meet the highly competitive international market
In just a period of less than a year Uniflex Cables has made a global presence in the International market. In a very short span it has managed to execute orders from around the globe. With an unrivalled track record for long-term support, excellent service and dedication to quality, many buyers in the International market have rated the company as the first and certain choice for wires and cables.



Uniflex Cables Ltd has informed that after becoming positive in Net worth as per Audited Accounts for the year ended June 30, 2006, the Company has moved an application before the BIFR Board for discharging the Company from the purview of the Act.
Further the Company has informed that, BIFR Board has considered the Company's Application and vide its order dated October 06, 2006 informed the Company that the Company stands discharged from the purview of the Act with immediate effect.

i am expecting 150cr turnover againest 28cr last year .and netprofit of 7.5 cr for current year

companys profit margin for last three quarters are 1.05% 2.3% 4.10 % margins may improve further . so current price is 41 . short term target for this scrip is 75.buy for next 6months .