|Stock Description||This stock is from AUTO ANCILLARY sector.|
|Investment Rationale||One of the world’s leading carbon black major has huge application in auto sector so listed here.
After sales service and strong technical support ensures a fiercely loyal base of customers
The company has redefined its business by establishing captive power plants at each factory from the off-gas or waste product from the carbon black manufacturing process
Industrial relations scenario at all the units continues to remain robust, healthy and forward looking.
The Company continues to work closely with India Trees Foundation, while strictly adhering to Environment, Health and Safety norms at all its manufacturing locations
The company are pioneers in the carbon black segment in India
It has strong associations which include JK Tyres, Bridgestone, MRF, Ceat, Birla Tyres etc
They are undergoing expansion
With Expansion plans in place investors can foresee the Sales growth and the earnings growth in near future and hence stock price appreciation. Market rewards performing stocks
|Performance||The company has grown about 3 times in last 10years in Sales|
|% Return Prospects||GOOD if Invested for 3-5years time frame.|
|Market Cap size category||Small Cap|
|Personal Holding Information||No|
|FII/DII/Mutual Fund Holdings||Yes|
|Please Note:It is expected that Investor BUYs the stock advised as soon as possible.If delayed it may get expensive and returns would be reduced.
Once the payment is done ,the stocks Equity Research Report [PDF format ] will be delievered to your Email ID.The Equity Research Report email sometimes land up in other tabs such as Promotion,Forum or spam etc apart from Inbox.
|*Past performances doesnt gaurantee returns in the future.Returns is expected if the company itself performs well and market sentiments are good and not too negative.As of the current situation this is a Valuable stock to BUY. Investors Advised to BUY this Stock in good Investing spirit.|
|Investors can reap good returns from the ADVISED Stocks if they stay invested for 3-5 Years[or more] Time frame.|