Scripscan:Kanoria Chemicals & Industries Ltd
cmp:30
Code:506525
Story:Kanoria Chemicals & Industries Limited engages in the manufacture and sale of chemical intermediates in India. It offers chlor-alkalis, chlorine derivatives, and water treatment chemicals, as well as alcohol-based intermediates. The company’s products include alco chemicals, such as acetaldehyde, ethyl acetate, ethyl alcohol, formaldehyde, carbon dioxide, glacial acetic acid, hexamine, DI-pentaerythritol, pentaerythritol, sodium formate, and organic fertilizer; chloro chemicals comprising aluminum chloride, caustic soda, chlorinated paraffin wax, hydrochloric acid, liquid chlorine, stable bleaching powder, and trichlorobenzene; and water treatment chemicals, including caustic soda, poly aluminum chloride, and stable bleaching powder. Kanoria Chemicals & Industries also offers industrial gases, such as carbon dioxide, hydrogen gas, and nitrogen gas.The first phase of the Companys Greenfield project at Vishakhapatnam for manufacturing 105,000 TPA and 5,600 TPA of Formaldehyde and Hexamine respectively is in progress. The project is expected to be commissioned by end of July 2010.The company seems to have left its worst times behind.Results are expected to good going forward.At 30 odd rs its a hold as of now.Any solid numbers should be used to accumulate the counter.
Saturday, November 7, 2009
Important Disclaimer&Privacy policy
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.
