Support and Resistance Levels
Past performance
About Elnet Technologies Ltd Elnet Technologies Limited (ETL), established in August 1990, is a key player in India's IT infrastructure sector, specializing in the development and management of Software Technology Parks. Situated in Chennai's IT corridor, ETL was instrumental in pioneering the concept of Software Technology Parks in India, providing essential infrastructure like air-conditioned workspaces, reliable power supply, and data communication facilities to IT and IT-enabled service companies. The company completed its first major project in 1995-96, offering 23 modules of 5000 sq ft space to software developers for both domestic and international markets.
ETL has also expanded into value-added services, partnering with Videsh Sanchar Nigam for connect mail and fax services. The company occupies a strategic location, initially securing a five-acre plot, with adjustments made for infrastructure development and road expansion. Elnet Software City Limited became its subsidiary in 2005-06, further enhancing its market position. The company benefits from a long-term lease agreement with ELCOT, allowing for deferred payment terms.