Market Cap at Rs. 215 Crores
Debt Free & NCAVPS Positive Company
Sugar:
Capacity – Probably the lowest amongst the listed peers at 3500 TCD – Decent Recovery from crushing at about 9.8-10%
MSP fixed by the govt at slightly higher rate as compared to last year – Most likely not have much impact on EPS as compared to last year of Rs. 30/-
Small Ethanol Capacity – in talks with State Govt – for about 45KLPD
Investments:
Holding about 88.4 Lakh shares in Seshasayee Paper Board valued at approximately Rs. 250 Crores
& Also 500,000 Shares of High Energy Batteries – valued at Approximately Rs. 15 Crores
To be considered –
- Holding company Discount
- Cyclical Product
Any views – am I missing out an anything?
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