company’s products find usage in many applications such as coastal protection and river training, ground improvements, reinforced soil walls, road repair and construction, rockfall protection, scour protection, soil slope stabilisation, trackbed stabilisation and waste containment. The large investments being made in infrastructure developments has opened a large market for construction and environmental which has breightened the outlook for the company.
Company's strong relationship with the customers and well accepted brand image of its products coupled with a continuous penetration in the market by offering new products has helped to develop new business opportunities.Company has developed and introduced several innovative new products to meet the customer's specific needs in the fishing segment, especially for US, Europe and Australian markets.
it is hoped that company is heading FOR better time ahead, last year eps was rs 7 which is likely to go up to around 9 in 0506. FOR 0607 expected eps is likely to be around 12/13 with good growth in top line. strong brand name, good export sales (rs 83 crs out of total sales of rs 223 crs )high book value of 63, consistant dividend record of 22 to 25 %, makes this stock very attractive
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