Quality Power starts new coil factory in Sangli.

(QUALITYP) has commenced a new global coil factory in Sangli. The facility will manufacture high-voltage equipment. The company has started operations at its new global coil factory in Sangli. The plant focuses on high-voltage equipment manufacturing. The addition expands production capacity for the electrical equipment maker. The key trigger is the commencement of the new global coil factory in Sangli for high-voltage equipment. This may support near-term interest in the stock on capacity addition. Peers such as Siemens, ABB India and CG Power could face relative comparison on manufacturing expansion. Risks include slower ramp-up or weaker order inflow. Competitors listed: Siemens, ABB India, CG Power. We have no financial interest in this news.