Scripscan:Dynemic Products Ltd
cmp:22
Code:532707
Story:The company manufactures Edible food Colors as ingredients for foodstuffs,Pharmaceuticals,Personal Care,Ink Industries,Confectionery, Petfoods, Dairy Products,and Soft Drinks & Cosmetics Industries encompassing IndustrialSector.The food Colors being meant for Industrial use,the demand for the colors is derived directly from its customers and end users who in turn span of large and diverse industry spectrum.The company is among the acknowledged leaders in the manufacturing of food colors.Dynemic Products is exploring new avenues of applications to widen the customer base and improve capacity utilization.On account of high cost of labour & increasing Competition, the overseas manufacturers of food colors especially in developed countries are curtailing their production activities.In view of the same the demand of food colors had increased manifold in the overseas market for the company.It has been expanding rapidly over the past few years.Future potential and outlook looks bright.Though the numbers hasnt been impresive but going forward the company is expected to do well.So hold the counter and buy on dips for long term gains.
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Tuesday, April 7, 2009
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