Throughout Tuesday’s buying and selling session, the shares of a provider of safety and surveillance options hit a ten p.c higher circuit on NSE, after the corporate introduced the inauguration of a brand new CCTV digicam manufacturing facility with 50 lakh models annual capability.
With a market cap of Rs. 183.6 crores, the shares of Prizor Viztech Restricted opened within the inexperienced and hit a ten p.c higher circuit at Rs. 171.7, as in comparison with its earlier closing value of Rs. 156.1. The inventory hit its 52-week excessive at Rs. 229.45 on thirtieth July 2024, and in comparison with its present value degree, the inventory is buying and selling at a reduction of almost 69 p.c.
What’s the Information
In accordance with the newest regulatory filings with the NSE, Prizor Viztech Restricted has inaugurated its first built-in manufacturing facility in Gandhinagar, Gujarat. With a complete annual put in capability of fifty lakh CCTV cameras—equal to 4.16 lakh models monthly and 16,000 models per day—the launch represents a major strategic shift in direction of a full-scale manufacturing enterprise.
This facility is provided with superior applied sciences, together with SMT Line Machines for in-house PCB circuit manufacturing, Housing Mould Machines for plastic dome & bullet digicam our bodies, and Laser Machines for precision model engraving. These capabilities place Prizor Viztech as a vertically built-in producer in India’s surveillance ecosystem.
Moreover, the power incorporates a devoted server room for P2P cloud setup and knowledge storage infrastructure for its IP cameras and NVR methods, providing complete backend help for related safety options.
Monetary Efficiency
Prizor Viztech reported a major progress in its income from operations, exhibiting a year-on-year rise of round 417 p.c from Rs. 6 crores in H1 FY24 to Rs. 31 crores in H1 FY25. Equally, its internet revenue elevated throughout the identical interval from Rs. 0.91 crores to Rs. 4.3 crores, representing a progress of round 372 p.c YoY.
Concerning the Firm
Prizor Viztech Restricted specialises in safety and surveillance options, providing a variety of CCTV cameras tailor-made to numerous sectors, together with retail, banking and finance, transportation, training, business and authorities, infrastructure and extra.
In 2022, the corporate diversified its product portfolio by introducing a variety of LED televisions, screens, and contact panels, out there in varied sizes and options, manufactured by third events and marketed underneath its personal model.
Written by Shivani Singh
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