Support and Resistance Levels
Past performance
About Elpro International Ltd Elpro International Ltd, established in 1962, operates in the manufacturing of electrical equipment such as lightning arresters, varistors, and surge arrestors, along with engaging in real estate development. With its manufacturing facility in Pune, Maharashtra, Elpro has a history of technical collaborations with prominent global companies like General Electric (GE) and Matsushita Electric Industrial Company, Japan, enhancing its product offerings in high-tech areas such as CNC systems and metal oxide varistors.
The company has also diversified its operations over the years, venturing into real estate, flexible packaging, and financial services through various joint ventures and subsidiaries. Elpro's restructuring efforts included forming joint ventures like GE-Elpro Medical Systems and Control Technique Elpro Automation, and acquiring Mukund Flexpack Ltd. Recently, Elpro sold its stake in PNB Metlife India Insurance, reducing its shareholding significantly. The company continues to evolve, focusing on innovation and strategic partnerships to maintain its industry presence.