Shree Hari Chemicals Export Ltd


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 creates new market opportunities for the dye industry. The dyes and pigments market is estimated to grow at a CAGR of 5.1% to nearly $63.3 billion by 2022. The global Dyes and Organic Pigments market is anticipated to rise at a considerable rate, between CY 2020-25, despite the challenges faced due to COVID-19. Africa and Asia-Pacific are expected to be the fastest-growing regions in this market

Reasons to consider this stock @74.7 | 

Target Rs 110, T2-Rs.125

Outstanding March 2021 quarter results
  • Promoter holding has increased by 0.96% over the last quarter
  • Debt-free company


Comments

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