Oriental Carbon & Chemicals Ltd Initiating Coverage Report By Karvy
| Oriental Carbon & Chemicals Ltd Initiating Coverage Report By Karvy | |
| Company: | Oriental Carbon Chemicals Ltd |
| Brokerage: | Karvy |
| Date of report: | April 29, 2016 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 29% |
| Summary: | Capacity Expansion Coupled with Growth in Tyre Industry to Drive Top Line |
| Full Report: | Click here to download the file in pdf format |
| Tags: | Diamond Sulf, Insoluble Sulphur, OCCL, Schrader Duncan Limited |
| Oriental Carbon & Chemicals Ltd (OCCL), a Kolkata based Duncan JP Goenka Group company, engages in manufacturing and sales of Insoluble Sulphur under the brand “Diamond Sulf”. Insoluble Sulphur is used in the tyre industry. Diamond Sulf is offered in various grades to satisfy diverse compounding requirements of leading tyre companies. It also manufactures Sulphuric Acid and Oleums used as sulphonating agent in manufacture of detergents and in other inorganic chemicals. OCCL has manufacturing plants at Dharuhera (Haryana) and Mundra (Gujarat). OCCL has one subsidiary company namely Schrader Duncan Limited which deals with manufacturing of automotive tyre valves and pneumatic products such as hydraulic and pneumatic cylinders, pneumatic valves and accessories. |
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