SPEL Semiconductor Ltd. - the rising Sun !!

 

• SPEL Semiconductor Limited is India’s first & only Semiconductor IC Assembly & Test facility.
• SPEL pioneered the Outsourced Semiconductor Assembly & Test Services (OSAT) market in India.
• It's Parent company is Natronix Semiconductor Technology, a Singapore Headquartered Co.
• Natronix holds over 55% stake in SPEL.
• In simple terms, OSAT means a contract manufacturing partner which manufactures integrated circuits (ICs), tests and delivers to varied customers from different fields like Communication, Consumer Electronics and Computing.
• The 'Make in India' campaign of Govt. calls for indigenous manufacture of Mobiles and other Consumer Electronics items, there by reducing overdependance on Chinesen products.
• SPEL being the only OSAT fascility in India, stands poised to get the first mover advantage.
• Company's Operating Profit Margin has grown over 20% in last quarter and the company is slowly gaining momentum and turning around.
• DIGITAL INDIA strategy also complements the company growth.
• SPEL management is quite decent, stable and experienced. The track record of the management is Clean.
• The ultra advanced assy. line is at Maraimalai Nagar near Chennai.
• The customers of the company are some of the very Big names of Silicon valley.
• The company is listed on BSE and is trading at Rs.16 per share.

With these positives, one can certainly look for SPEL a multibagger in near terms.

Kindly refer link for more info. http://www.natronix.net/spel.htm