Saturday, October 1, 2011

Ambica Agarbathies & Aroma Industries Ltd........Multibagger in future ..buy for 3/4 yrs. CMP 7.50/-

Ambica Agarbathies and Aroma Industries Ltd is actually a conglomerate of 7 different businesses namely: Ambica is pioneer in Agarbathi business with experience of more than 55 years. It has various branded agarbathies for the local and export markets. In India it has more than 300 distributors/ dealer network in AP/TN/MP/Maharashtra/Gujarat state. Today, the SmallManufacturing unit has become a multifaceted mega firm, Has diversified its Business Potential in to hospitality industry-(3 STAR hotel) , Real Estate, wind power and Film Production.
Promoters Holding 45.5%  Corporate Bodies 20% Public only 35% .Net worth of company is around 100 crores,so operators are accumulating public shares. Soon it will burst on restructuring infra, hotel, wind power and aroma.  Book value is 17/-  good Dividend paying company. Buy for long term for a target of 33/- ++++ /.

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