HFCL

We Maintain buy on HFCL at current levels of Rs 13 for a positional target of 30

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Shree Hari Chemicals Export Ltd

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Established In 1987, the Factory Of Shree Hari Chemicals Export Ltd. (SHCEL), Is Located At Mahad, Raigad District Of Maharashtra State, India. Is One Of The Leading Largest Manufacturer And Exporter Of Best Quality Dyes Intermediate (H-Acid) In India, Is A Reputed Name In Chemical Industry. Through Innovation, Dedication & Customer Satisfaction, We Had Succeeded In Developing Customers Worldwide. Shree Hari Chemicals Export Ltd Is A Customer Driven Company With The Vision To Become One Of The Largest Manufacturer Of H-Acid In The World.   The company operates mainly in a single product which is DYE Intermediate - H-Acid (1-Amino, 8- Naphthol, 3-6 Disulphonic acid)  With stringent performance norms to be adhered to and a growing demand for Dyestuffs worldwide, this industry is bound to grow with thrusts in Textile, Leather, Plastics, and various other industries. Additionally, changing customer preferences, boom and expansion of infrastructure in certain parts of the world...
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Thirumalai Chemicals Limited

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  Thirumalai Chemicals Limited (TCL) started its operations in 1976 at Ranipet in Tamil Nadu as a single product petrochemical company manufacturing phthalic anhydride, with a production capacity of 6,000 TPA. The company is a part of the Thirumalai Group, which has business interests in chemicals, surfactants, pigments and education. Over the years, TCL has expanded its PAN manufacturing capacity to ~1,45,000 TPA and has added other products to its portfolio, which includes food additives such as maleic acid and fumaric acid, PAN derivatives such as di-ethyl phthalate (DEP) and phthalimide (PID). TCL caters to customers in the construction, auto, paint, food, personal care and pharma industries. The company has developed a low energy process, which enables it to meet ~90% of its power requirements through waste heat recovery. It also has a maleic anhydride manufacturing facility in Malaysia, under its step-down subsidiary, Optimistic Organic Sdn. Bhd. (OOSB)  Established ope...
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Medi Caps Ltd

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  Medicaps Limited is a leading exporter, manufacturers, and supplier of empty hard gelatin capsules. The company provides the best quality of capsules. And they work as great exporters and manufacturing company in Pithampur. To sustain their leadership in empty gelatin capsules shells being used by the pharmaceutical industry, they have adopted the latest technology, strong in-house Research & development adding reputed users of the products in India and abroad.  The company professional goals and corporate personality have blended so well that today Medi-Caps Limited name has become synonymous with the best in the Industry. Clear focus, excellent infrastructure, a powerful quality policy, and a well-defined management information system have helped the company to achieve consistent growth.  PROS The company is almost debt-free. Stock is trading at 0.65 times its book value The company has reserves of Rs. 78 Cr OPM 18%  Recommended Price : 47 & add it on de...
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