Stock Report

Power & Instrumentation Gujarat Ltd appoints Kuldeep M Rathod As President Operations

Posted On : 2024-02-23 22:51:21( TIMEZONE : IST )

Power & Instrumentation (Gujarat) Limited, established in 1975, is a leading player in the electrical contracting and equipment industry, has announced the appointment of Kuldeep M Rathod as its President Operations.

With over 16 years of experience, Kuldeep has built a vigorous career background in procurement and the techno-commercial field, having worked in CGD, EPC, and manufacturing organizations. He is well-versed in all stages of the entire supply chain management process and exhibits strong networking abilities, communication skills, and interpersonal skills. Kuldeep's expertise extends to the implementation and execution of buying strategies, complemented by first-rate persuasion, negotiation, and interpersonal skills.

Throughout his career, Kuldeep has contributed his skills to renowned national and international companies, including 10 years of experience in Adani Total Gas Limited, Corrtech International Limited, Jai Hind Projects Limited, and Electrotherm Limited. His proficiency spans various areas such as SAP & ARIBA, CAPEX & OPEX procurement, maintaining long-term relationships through effective vendor management, strong analytical skills, excellent project coordination and management, spend analysis, category management, and eProcurement for purchasing products. He excels in negotiations and convincing skills, demonstrates strong decision-making abilities, and has experience in team building, mentoring, people, and project management.

In summary, Kuldeep brings a wealth of expertise to PIGL, possessing all the necessary skills and experience required for a successful President Operations. He is well-equipped to effectively manage and optimize operational processes.

Commenting on the appointment, Mr. Padmaraj Padmnabhan Pillai, Managing Director, Power & Instrumentation (Gujarat) Limited said, "I express my excitement, acknowledging Rathod's profound expertise as a valuable asset in our company's pursuit of business elevation. With Kuldeep on board as an President Operations, I have full confidence in our company's ability to solidify its standing as a leading player in the electrical contracting and equipment industry.

Under Kuldeep's guidance, I am confident that PIGL will be better equipped to meet the increasing demand and carve a deeper niche in the electrical contracting and equipment sector. His appointment strengthens my belief in our collective potential to excel in the industry."

Commenting on the appointment, Mr. Kuldeep M Rathod, President Operations, Power & Instrumentation (Gujarat) Limited said, "The company presents incredible opportunities that I eagerly anticipate exploring. I've always admired the organization's unwavering commitment to excellence, and now, being a part of it, I feel a sense of pride.

Looking ahead, I am genuinely thrilled about the growth avenues that PIGL is poised for, leveraging our comprehensive suite of services and expertise in electrical contracting and equipment. The prospect of merging strengths, insights, and passion with my colleagues excites me. Together, we have the potential to redefine industry benchmarks and create a future that is not only brighter but also more innovative.

Being part of a company with a proven track record in delivering projects with impeccable execution across various sectors, including industrial, commercial, and government entities, fills me with confidence. I am enthusiastic about contributing to the continued success of Power & Instrumentation (Gujarat) Limited, leading us towards a more dynamic and boundary-pushing future."

Shares of Power & Instrumentation (Gujarat) Limited was last trading in BSE at Rs. 81.29 as compared to the previous close of Rs. 78.94. The total number of shares traded during the day was 30782 in over 167 trades.

The stock hit an intraday high of Rs. 82.74 and intraday low of 76.00. The net turnover during the day was Rs. 2470340.00.