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Tuesday, July 21, 2015
BLACK ROSE INDUSTRIES LTD (514183) :- KEEP GOLDEN ROSE IN PORTFOLIO
Today we are looking in to chemical/textile sector stock for worth long term investment.
"BLACK ROSE INDUSTRIES LTD"
LEADERSHIP THROUGH EXCELLENCE
Black Rose Industries Ltd. was established in 1990 as Asia Fab
Limited, a textile manufacturing company. Now, Black Rose consists of
three main divisions – chemicals, acrylamide, and textiles. The
chemical division is engaged in the import, distribution, and export of a
wide range of specialty and performance chemicals. The acrylamide
division operates India's first and only acrylamide manufacturing plant.
The textile division manufactures fabrics and made-ups for industrial
applications. The company also has a fully owned subsidiary in Japan, B.R. Chemicals Co., Ltd., Japan.
At Black Rose, we believe in dealing with
situations by following the 2,400 year old Greek quote by Euripides -
"leave no stone unturned”. We don’t rely on promises unless we
understand how they would be fulfilled. And we study our path carefully
before we start any journey to prepare ourselves for the bumps and
blocks along the way. This approach to business has helped us become a
leading provider of solutions to our clients and principals.
Black Rose has its head office in Mumbai,
manufacturing units in Jhagadia (Gujarat) and Kolhapur (Maharastra),
warehouses in Bhiwandi (Maharashtra), Vapi (Gujarat), and Chennai (Tamil
Nadu), and a liaison office in Hyderabad (Andhra Pradesh).
Black rose produce and supply acrylamide solution under the brand name BRILMIDE®
at South Asia’s first and only acrylamide plant set up using a
bio-catalytic technology exclusively licensed from Mitsui Chemicals,
Inc., of Japan. The 10,000MT plant is located in the industrial estatate
of Jhagadia, Gujarat and runs on a DCS-operated continuous process.
Since starting of commerical operations in September 2013, the company
has been increasing it sales and production to meet the ever growing
demand of users in India and overseas.
Black rose have been continuiing our textile
production since inception and today are also producing cotton and
synthetic made-ups for industrial applications. Black rose products are sold
domestically and exported to Japan and are popular among automotive
Black rose have two windmills operating in Gujarat and Rajasthan. The renewable energy we generate helps to reduce carbon footprint.
Promoter holding 75% of equity capital, company posted top line 147cr with profit of 0.55cr , Now chemical and textile sectors are under re raring going on in India this one stock may give good return in long term portfolio. Stock trading only BSE @ 22 levels on can buy @ current price and add more in correction it may pass 3digit mark in future.
Before buy investors take advice from certified persons.
Disclaimer: It is safe to assume that I may have some vested interests in the stock.