CHEMPLAST SANMAR -KAMADHENU-11JUL2K5

CHEMPLAST SANMAR -

BSE CODE 506355 @ 81.50



Traded at NSE also as CHEMPLAST

The company has two main businesses – PVC and Chlorochemicals. The Chlorochemicals Division of Chemplast, itself the result of backward integration by the group, manufactures a wide range of products using a highly integrated manufacturing process. Chemplast is fully equipped to generate sufficient captive power to meet its entire requirements, thus making it one of the most integrated chemical plants in the country with a closed manufacturing loop.

Rumors say that the company is going to establish clean development mechanism [cdm] under the qyoto protocol for reduction of grean house gases.

The company has progressed by leap and bounds over the quarters. For the year ended march 2005 it has shown a net profit of Rs. 25.68 crore as against a net profit of Rs. 4.62 crore in the year 2004. For the quarter ended march 05 it has shown a net profit of Rs. 11.77 crore as against a net profit of mere 1.11 crore in the corresponding march 04 quarter.

Remember, public holds just 11% shares !!

To know more about this company, just login to -

http://www.sanmargroup.com/chemicma.htm

We expect a short term price of Rs. 100 and a medium term price of Rs. 135-150 for this stock.