| | |
| Name of Company | Beckons Industries Ltd |
| BSE Code | 531937 |
| NSE Code | |
| ICICI Code | |
| Established | |
| My Take | Dislike |
| Headquarters | |
| Promoters | |
| Story | Formerly known as AGK computer secure prints Ltd. Promoter stake has been reducing, FII’s picking up stake. News was out in Jan 2010 around Beckons Industries setting up bio-diesel plant with an investment of Rs. 60 Cr at Derabassi, Punjab. |
| Sector | Paper |
| Sub-sector | Commercial printing/Stationery, newly entering bio-fuels |
| Website | |
| Positives | |
| Negatives | Price has been wavering from Rs. 2 to Rs. 13 for the past 10 years. Promoter stake is low at 7% - <26% stake would be unable to influence decisions. Two FII’s hold 7%, but cannot find names of FII’s. Deutsche Bank had fully subscribed to the ADR’s – this could just be the case of black money coming back as P-Notes. The core business has been stagnating. New entrants into bio-fuels business are risk prone. |
| Peers | |
Mar 14, 2010
Beckons Industries Ltd 531937
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