Dear silver member Durai, Tiruppur, I dont think Sreedhar posts messages in MMB. Even if so, he cannot be razzstock for sure. See the difference in language and analysis.
Myself holding some 80 of orchid chemicals at average of 318 and have no more money to average it. I bought looking at RJ's investing in this stock. Another stock i got stucked is Vikas WSP 600 at price of 33 and its now at 22 (it's actually a good company but the management is not transparent, not paying dividend- only declaring. One strong reason is it's product are always in demand, so if management turns good it will at 100+) so looking for longterm in both friend.
The Indian specialty chemical manufacturers have the technical expertise and R&D capabilities to produce niche, complex and high-quality intermediates belonging to the pharma sector. Going forward, the Indian pharma-associated companies can demonstrate considerable potential for collaborative and outsourced R&D projects in new drug development, biotechnology and chemicals.
There is a study increase in the margin over the last three years. The company has a CAGR of 28% in the same period. The Return on the capital Employed is stable around 30%. Pravin Herlekar, the Chairman and Managing Director of the company is a Bachelor of Technology in Chemical Engineering from the Indian Institute of Technology, Bombay, and is a post graduate in management studies from the Mumbai University, has vast experience in the field.
At Rs 95 - 98, the company is demanding a valuation around 20 times its FY 11 earnings, which is justified considering the segments it operates and the expected benefits from capacity expansion. Invest.
Durai Raj Tirupur, I have found your post in Orchid chemicals message board in moneycontrol.I have both Orchid chemical & LIC Hsg future now for Tmrw result.Tmrw I may buy Yesbank & TVS motor future if Market holds above 5720.