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Partnership

Spectrum Electrical Industries Partnership

Spectrum Electrical Industries Limited signed an MoU with the Government of Maharashtra for a ₹110 Crore expansion project. The investment, announced at the Nashik Investment Summit 2026, focuses on manufacturing at Talegaon Akrale. The state government will facilitate necessary permissions and fiscal incentives for the proposed facility, which is expected to generate 525 jobs.

Key figures
Value₹110.0 Cr
Source

BSE filing, NSE: SPECTRUM. Summary written from the filing by ALFA Finder's alert engine.

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Spectrum Electrical Industries Ltd: key numbers

Share price
₹3,954.10
Market cap
₹6,757 Cr
Revenue (annual)
₹525.9 Cr
Net profit (annual)
₹44.42 Cr
P/E (TTM)
152.1×Sector 40.5×
Promoter holding
66.88%-5.84% QoQ
FII holding
3.51%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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