Saturday, February 5, 2022

SE Power Limited - High Risk Bet

 About SE Power Limited


Company operates in 2 segments - Non-Conventional Energy and Reclaimed Rubber. The Non-Conventional Energy segment generates electricity by wind energy and transfers the same to power grids. The Reclaimed Rubber segment supplies cured rubber.

Business -

Company is producing, manufacturing, supplying, distributing, transforming, converting, transmitting, processing, developing, storing, procuring all forms of power and energy and any such products and by-products derived from such business.

S. E Power has become one of the leading suppliers of reclaimed rubber in the country. Our ensemble of dedicated professionals has helped the company to grow exponentially, catering to a staunch set of domestic and international clientele. 

In our eleven year journey, we have established stringent standards and quality control methods to fulfil expectations of our clients. Our product range has multifold applications including automotive tyres, conveyor belts, rubber mats and various other rubber centric products.

Crumb rubber is produced from end-of-life Truck And Bus radial tires. During the recycling process, steel and tire cord (fluff) are removed, leaving tire rubber with a granular consistency. . The particles are sized and classified based on various criteria. The granulate is sized by passing through a classiyfing screen, the size based on mesh (ASTM). The most common mesh sizes include 10 Mesh, 24 mesh, 40 mesh, 60 mesh and 80 mesh.

Applications Of Rubber Crumb:

  • Tyres
  • Sealant & Paint Additives
  • Molded Plastic
  • Conveyor belts
  • Adhesives

Our primary focus concerns reclamation of rubber obtained from end-of-life truck and bus radial tyres. This type of rubber is made from the end of the tyre and the thread's peeling. Various grades of reclaimed rubber are produced matching different needs and utility. 

Our product range includes medium, fine, super fine and high tensile grades of reclaimed rubber. 

This reclaimed rubber is used in auto tyres, conveyor belts, rubber sheets, rubber moulded goods and transmission belts.

Grades

Medium

Fine

Super Fine

High Tensile

Cut Wire and Bead Wire


This material is high-quality steel with high carbon content. It is incorporated in the structure of the tyre to withstand bumps, heat and other hazardous conditions. Consequently reclaimed tyre wire is of very high quality and conforms to well-known standards. 

The tyre derived steel or tire wire scrap is a light melting scrap obtained during the shredding process of used tires. Generally, 20-25% of the weight of an old truck and bus tyre consists of steel.

Another key factor in determining the quality of the material is related to the protection of the steel from atmospheric agents. Since the material is conformed to thin wires, it can easily be oxidized. So a key factor in improving its quality is to protect the wire from any atmospheric agents.

Wind Energy

S. E. Power Ltd. owns 2.4 MW (0.6 MW X 4), Enercon made Wind Mills at Vani Vilas Sagar at Chitradurga, Karnataka. The power generated is sold to Bangalore Electricity Supply Company Limited (BESCOM).


Company owns 0.8 MW Enercon made Wind Mill installed at Bhu/Kita - Jaisalmer - Rajasthan and the power generated is sold to Jodhpur Vidhyut Vitran Nigam Limited (JVVNL).

Solar Energy

The Company has roof as well as ground-mounted Solar Power Plant of 800 KW at the Factory premises situated at Vadodara.

In our bid to contribute towards green energy, we have installed said solar power plant in our factory to reduce dependency on conventional energy sources. The energy produced is used for our captive use. Solar energy helps reduce the cost of electricity consumed as well as minimizes carbon footprint on the environment. Low maintenance costs and minimal upkeep make solar an ideal source of energy. In our journey towards becoming a ‘zero carbon emissions company’, solar power holds utmost importance and we will continue to be invested in it. 


Source - sepower.in

Stock Performance -

This is a very volatile scrip where the share prices will go up or down sharply.


The share has a Year High of 63 and a Year Low of 3 giving investor with a phenomenal return of 500% However in the last one month the scrip has lost 37% and now bouncing up sharply.

After hitting Year High the scrip has corrected. Bulls have re-entered this scrip and we can see the continuation of bull run going forward.

The share is only for high risk taking investors - others may stay away from this counter.

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