AGREVO INDIA: ON THE UPSWING
Article Abstract:
AgrEvo India holds the third position in the Indian agrochemicals market with a market share of 8.3 percent. Major products of the company include formulation brands such as Decis, Spark, Hostathion, Arozin and Puma. AgrEvo comprises of three major divisions - Crop Protection, Environmental Health and Exports. Insecticides, herbicides and fungicides are some of the products of the Crop Protection division. The division accounts for 79 percent of the total turnover. AgrEvo also operates in the non agricultural related segments of the agrochemical industry. It has benefited from the Research and Development inputs from its parent company. A number of new products are scheduled for launch in 1999. These include Basta and Afalon and are expected to boost the turnover by 15 percent. The company posted a net profit of Rs17.51 crore on a turnover of Rs228.24 crore for the nine months period ended December 1998. The Earnings per share for the nine months stands at Rs19.03. (uh) (khr)
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
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RAIN CALCING
Article Abstract:
Rain Calcing is jointly promoted by a non-Resident Indian Group in the US along with Houston Industries Energy Inc and AMCIR of the US. Rain Calcing has established a 100 percent export oriented unit in Andhra Pradesh to manufacture 2.50 lakh tonnes of calcined petroleum Coke (CPC). Although CPC has good market potential, the company's exports have been hit by the ongoing Asian Crisis and the slowdown in the international industrial scene. It started commercial production in July 1998 and for the period ended September 1998, Rain Calcing has notched up sales of Rs34.92 crore an equity base of Rs129.49 crore. (uh) (khr)
Comment:
Rain Calcing is jointly promoted by a non-Resident Indian Group in the US along with Houston Industries Energy Inc and AMCIR of the US.
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1999
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AIMCO PESTICIDES
Article Abstract:
Aimco Pesticides (AP) of Mumbai has an installed capacity of 130 tonnes per annum (tpa) of hydroquinone and 900 tpa of chloropyriphos. Its sales had declined to Rs14.62 crore from Rs15.36 crore and the net profit by 50 percent to Rs0.95 crore from Rs2.16 crore in 1996-97. Its sales improved to Rs33.23 crore and its net profit by 40 percent to Rs1.31 crore in 1997-98. Its net profit was 70 percent lesser than its projections made at the time of the public issue in 1992. Its equity base is Rs4.60 crore. Its book value is Rs31.91. (rk)
Comment:
Has an installed capacity of 130 tonnes per annum of hydroquinone and 900 tpa of chloropyriphos
Publication Name: Dalal Street Journal
Subject: Business, international
ISSN:
Year: 1998
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