Archives
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ELECTRONICS April 21, 2019 Why You Should Care About MIRC Electronics Limited’s (NSE:MIRCELECTR) Low Return On Capital
By: Loknath DasToday we are going to look at MIRC Electronics Limited (NSE:MIRCELECTR) to see whether it might be an attractive investment prospect. To be precise, we’ll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. First of all, we’ll work out how to calculate ROCE. Second, […]
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ELECTRONICS May 25, 2018 Mirc Electronics, maker of Onida, looks at 20% revenue from non-captive manufacturing in FY19
By: Loknath DasMirc Electronics, the maker of popular household electronic goods under the Onida brand, is looking to get into strategic alliances and eyeing 20 percent turnover from non-captive manufacturing in FY19. In an interaction with Moneycontrol, Vijay Mansukhani, Managing Director, Mirc Electronics, said that the company has been approached by peers for strategic alliances on manufacturing. […]
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ELECTRONICS September 15, 2017 MIRC Electronics zooms 44% in two days post Q1 results
By: Loknath DasMIRC Electronics has hit the upper circuit for the second straight day, up 20% at Rs 24.16 on BSE after the company on Wednesday reported nearly four-fold jump in net profit at Rs 4.50 crore in June quarter (Q1FY18). The company engaged in consumer electronics business had reported a profit of Rs 1.16 crore in a year ago […]