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Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

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Sunday, November 1, 2009

Ecoboard Industries Ltd:Prospects,potential,news/views/analysis/growth outlook

Scripscan:Ecoboard Industries Ltd
cmp:10
Code:523732

Story:Ecoboard is basically a play on the business potential for environment technology. This company has two divisions; one is the bio-gas division, where they convert waste from distillery industry into energy, which can be used by the distillery companies. The second business stream is the particleboard, where they use waste material for manufacturing this particleboard. The company is now doing reasonably well.With the boom in construction industry and so many new projects coming up the demand for their particle board product will increase. The biogas division also getting good orders from industries.The company is expected to perform reasonably well going forward.At rs 10 its worth a look considering the potential and prosepects that it offers.I do not see anything prima facie wrong with the company. I think that it can easily double from the current levels in 18-25 months time horizon.

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Posted by arun at 6:47 AM

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This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
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