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Food colour companies flash green

December 16, 2019 / 02:32 PM IST
Food colour companies flash green

Black Rose Industries has gained 677 percent in the last 5 years. As of June 10, 2015, the share price was Rs 16.75 per share and now the current share price is Rs 130.10 with a market cap of Rs 664 crore.

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights - Upbeat margin profile is key highlight - Timely capex plan execution to help in volume growth - Valuation attractive, given regulated nature of the business Food colour companies - Vidhi Specialty Food Ingredients (Market Cap: Rs 288 crore) & Dynemic Products (Market Cap: Rs 152 crore) -- posted an interesting set of numbers in the September quarter in spite of challenges in the FMCG sector, their user market. The oligopolistic set up of the industry which aids in maintaining pricing power...

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