Support and Resistance Levels
Past performance
About Advance Metering Technology Ltd Advance Metering Technology Limited (AMTL), established on February 7, 2011, operates in the energy sector, focusing on energy generation, measurement, and management. The company manufactures and sells energy meters and offers technical services related to the energy sector. Additionally, AMTL is involved in wind power generation using renewable energy sources. The company is promoted by the PKR Group, with a longstanding history in the electrical and lighting industry, led by Mr. P K Ranade, a key figure in the development of Indo Asian Fusegear Ltd, known for its market leadership in power control and energy management.
In 2012, AMTL underwent a Scheme of Arrangement with Eon Electric Limited, acquiring its Metering Division and Power Generation Business, which expanded its business verticals. As part of the arrangement, equity shares were restructured, and in 2015, the company ventured into solar energy with the establishment of solar plants. This diversification positions AMTL as a significant player in both traditional and renewable energy markets.