Scripscan:Titan biotec
Cmp:18
Code:524717
Story:TITAN BIOTECH LIMITED is certified under ISO 9001. The company has ultra modern production facilities incorporating state-of-the-art technology at Bhiwadi, Rajasthan- 60 k.m. away from the International Airport of Delhi in an area of 80000 sq.ft.The company has developed more than 400 Dehydrated Culture Media, Media Basis, and special type of Peptones and Hydrolysates for Vaccine production and other uses. The Titan uses the basic raw material i.e. Meat, Bile, Pancreatic, Liver, Blood Brain, Heart and other parts of the animals in its process procured from the slaughter house and other vegetable products like Soya, Casein etc. converting them into free flowing powder to produce Peptones, Extracts and Hydrolysates which are further used in manufacturing of Dehydrated Culture Media and as raw material in pharmaceutical health products and other industries.The company is in process of developing more products for microbiology and tissue culture.Since the biotechnology field requires lot of research and development and the time to development new products, for which the TITAN is aiming and is devoting its all efforts to come up with new things.All the products of the company basically is conducive to growth of micro organisms and their primary use is in the development and growth of micro organisms in clinical diagnosis production of vaccines antibiotics antisera etc checking the sensitivity of antibiotics in pharmaceutical industry checking the bacterial contamination in food & water samples departments of microbiology & botany in medical colleges/universities and tissue culture laboratories.
Conclusion:Titan biotec is an unnoticed gem quoting at throwaway prices.Though the valuations looks strethched at the moment but good things doesnt come at cheap valuations.But with ambitious management and huge potential,the future looks too much bright for TITAN BIOTEC.A good penny stock to own.
Regards,
ARUN
I can be reached at:-arunanalyst@rediffmail.com
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Wednesday, August 20, 2008
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