Background
-Pioneer in Corn wet milling business with 70 years of experience
-Products include Native strach,chemical starch,Modified starches,liquid glucose,corn syrup and sorbidol.
-Caters industries including textile,paper,food and beverages,pharmaceuticals and chemicals.
POSITIVES
-New product development including coating grade starch,binder for mosquito coil,coke briquette binder,instant laundry starch,high temperature resistance starch for oil drilling
-Client list includes big heavyweights of industry Heinz,Cadbury,Proctor & gamble,Nestle,Hindustan lever,Parle,Ravalgon,ITC,Coalgate,Arvind mills,Century textiles,etc
-International markets include middle east,japan,sri lanka,south afric etc
-Sales have increased to 824 crores
NEGATIVES
-High debt is a big concern for this company
Recommended only for high risk investors at current price rs 200
-Pioneer in Corn wet milling business with 70 years of experience
-Products include Native strach,chemical starch,Modified starches,liquid glucose,corn syrup and sorbidol.
-Caters industries including textile,paper,food and beverages,pharmaceuticals and chemicals.
POSITIVES
-New product development including coating grade starch,binder for mosquito coil,coke briquette binder,instant laundry starch,high temperature resistance starch for oil drilling
-Client list includes big heavyweights of industry Heinz,Cadbury,Proctor & gamble,Nestle,Hindustan lever,Parle,Ravalgon,ITC,Coalgate,Arvind mills,Century textiles,etc
-International markets include middle east,japan,sri lanka,south afric etc
-Sales have increased to 824 crores
NEGATIVES
-High debt is a big concern for this company
Recommended only for high risk investors at current price rs 200

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