Anil Limited, formerly Anil Products Limited, is engaged in manufacturing starches and its derivatives. The Company s products include Native Starch, Chemical Starch, Modified Starches, Dextrins, Dextrose Monohydrate Liquid Glucose, Corn Syrup and Sorbitol. It provides its products to various industries, such as textile, food and beverages, paper, pharmaceuticals and animal feeds. Anil Limited manufactures technically advanced products and operates in India & has an international network in more than 30 countries it is 73 year old company situated in area of around 40 acres at prime location is Ahemedabad. Company is also said to be having good land at Savli near Baroda, With increasing demand for Food, Pharmaceutical, Animal Health Care, Paper and Textile products, demand for specialty starches and derivatives is consistently increasing. Acceptability of company as a global player is now being established and demand is expected to grow further\ from Asian, African & European countries. With Foreign Direct Investment being allowed in the retail sector and consequent entry of\ large international retail chains, the FMCG industry will see some structural changes happening which could result in a strong growth momentum. With expected eps of around 48, RONW OF around 35 %, strong assets base, stock look attractive for buying on dips. 52 week high of stock is 349 & low of 206,. on 20th dec, most of the stock made low, while this stock was around 233 levels, thus at current valuation of 240 down side is limited in the stock, investors can keep watch to accumulate this stock
source: kukkuji rec in smart investment
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