Scripscan:Dujodwala Products Ltd.
cmp:17
Code:514418
Story:The Company is engaged in the manufacturing and selling of Camphor, Sodium Acetate and by- products, Terpenes Chemicals and Synthetics Resins at its units located at Kumbhivali, Taluka Khalapur, Khopoli, Dist. Raigad, Maharashtra.Indian economy has grown considerably and is expected to grow or remain static in the year 2009-2010.To diversify and to avoid the vagaries of its profucts volatility the Company has gone in to production of various types of Synthetics Resins. This will enable the Company to post stronger revenue growth in the years to come.There is unhealthy competition from internal and external market forces and also the products manufactured by the Company are of seasonal in nature and therefore the profitability of Dujodwala Products Ltd shall not remain static throughout the year.The company makes a profit of less than a crore on a turnover of over 110crs.It clearly suggests the stiff competition that its facing from the unorganized markets.I dont feel the company has something great to offer to its shareholders in the coming years.Exiting at higher levels and switching to a better bet should prove beneficial for the investors.
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Thursday, November 12, 2009
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