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| Name of Company | Standard Industries |
| BSE Code | 530017 |
| NSE Code |
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| ICICI Code | STAIN |
| Established | |
| My Take | So-So |
| Headquarters | |
| Promoters | Owners of Stanrose Mafatlal |
| Story | Pays a regular dividend of Rs 0.3 to Rs 0.6 every FY. (At Rs. 50 yield is 0.5-1%). At Rs. 50, market cap is 320 Cr. |
| Sector | Manufacturing |
| Sub-sector | Chemicals (Caustic Soda/Soda Ash) |
| Website | |
| Positives | Mostly profit making, dividend paying. huge land bank - heard that it is having 63 acres which is considered for real-estate development and this can rope in >350 Cr |
| Negatives | Sometimes Other income is more than Revenue - not sure why? Why was there a negative revenue in Mar 09 Qtr. Promoter holding is 18%. June 08 had huge results because of sale of properties. Flat or wavery topline and bottomline. FY09 - 230 Cr topline and 50 Cr bottomlone (the highest till now), 320 Cr is resonble valuation.but the topline is due to sale of properties. FY10 is expected to complete with <12 Cr topline which surely does not justify 320 Cr market cap. |
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