Amrit Banaspati Company Ltd. is an enterprise that started out as a modest single product company. Foresight, planning, and sound business ethics are behind our company’s phenomenal growth path. Today, we are a multi-product organization with business interests in diverse geographies and an enviable market penetration. With a wide range of Edible Oils and Fats, distributed through more than 1200 dealers across 800 cities, and a turnover approximating 900 Crores, we can safely say, ‘our market penetration is unparalleled in the Industry’.
ABCL was established in 1969. It all started with the production of vanaspati (hydrogenated vegetable oils), when the vanaspati unit at Rajpura in Punjab became operational. We had an initial capacity of 100MT per day, today it has grown to 450MT per day. We have also traveled a long way from the days when we were manufacturing only vanaspati. Under the umbrella of ‘GINNI refined Oils’, we manufacture Groundnut, Cottonseed, Rice Bran, Soyabean, Mustard, Sunflower Oil, amongst others. These Oils were introduced to meet the varied demands of our consumers. ‘GINNI’ has established itself as a very well known brand in this part of the country. We have expanded the ‘GAGAN’ Brand too, by adding Kachi Ghani Mustard Oil and Salt to it.
COMPANY IS GOING TO POST 15 EPS FOR THE YEAR2011 .LAST YEAR IT HAS POSTED 10EPS. PRICE MOVEMENT FOR THE STOCK FROM ONE YEAR BETWEEN 120-180 RANGE . BUY AT CURRENT PRICE 130 RS AND HOLD FOR 3 MONTHS IT WILL GIVE 30 % RETURN . BUT BECAUSE OF LOW LIQUIDITY ACCUMULATE SLOWLY .PUBLIC HOLDING IN DMAT IS ONLY 1.75 LAKS SHARES AND 18,000 SHARE HOLDERS.
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