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Monday, August 22, 2016
IVP LTD :- BUY
Today we are looking into Commodity Chemicals segment stock for portfolio investors.
Imagine a company that started out with one
pioneering venture... and soon pioneered a host of others. A company that started with
food products then diversified into a vast array of fields. A company that has grown over
the past 60 years to become a name to be reckoned with in the industry.That company is IVP
Limited, an integral and vital part of Allana Group, a company that today is involved in
diverse fields like vanaspati and vegetables oils, foundry chemicals, advanced ceramics
and spark plugs. Plus various agencies offering products of world renowned manufacturers.
breakthrough on the export front in 1983, there has been no looking back for IVP.
Today IVP exports a diverse products: castor oil and its derivatives. Soybean and
Sunflower Extractions. Coffee. Processed foods including Marine products. Onions.
Engineering goods. Foundry chemicals and industrial Ceramic Products. IVP's overseas
market includes USA, UK, West Germany,Italy, France and other countries such as Poland,
Czechoslovakia, Romania, Malaysia, UAE, and Saudi Arabia.And the spectrum of products and
places continue to grow.
Promoter holding 70.86% , company posted 40 cr top line and 2.82 cr bottom line in latest quarter ended June 2016-17. Investor for long term view can buy this stock @ current price and hold their portfolio this stock may give decent return in medium to long term. stock trading both NSE and BSE @ 125 level.
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