Incorporated on 26th September, 1956, the company was formerly known as Indian Rayon Corporation Limited. It is into manufacturing reinforced rubber lined products, viscose rayon yarn and fabrics, high and low tension insulators, chemical products and Portland Cement.
In 1990 the company introduced `BIRLA SUPER' cement in Karnataka and received a good market response. The company has also setup various power plants.
Allen Solly, Peter England, Louis Philippe are some popular brand names associated with this company.
Now its time to have a quick fundamental check.
The earning figures looks OK, however, company is not generating cash flow from operating activities which is a major concern. The ROE figures are also not very good.
It seems the price chart is also waiting for some good news.
Standalone Charts:
Consolidated Charts:
Price Chart:
In 1990 the company introduced `BIRLA SUPER' cement in Karnataka and received a good market response. The company has also setup various power plants.
Allen Solly, Peter England, Louis Philippe are some popular brand names associated with this company.
Now its time to have a quick fundamental check.
The earning figures looks OK, however, company is not generating cash flow from operating activities which is a major concern. The ROE figures are also not very good.
It seems the price chart is also waiting for some good news.
Standalone Charts:
Consolidated Charts:
Price Chart:
No comments:
Post a Comment