Incorporated in 1985,Veritas (India) Limited is engaged in the business of imports, export, trading and distribution of chemicals, metals and machinery. The Company is also engaged in the generation of wind energy in the State of Maharashtra and Tamil Nadu States. The Company generates power through wind mills. The Company`s segments include,Trading & Distribution and Wind Power Generation. During 2010, the Company has set up two new Wind Mills for Power generation at Tirunelveli District in the State of Tamil Nadu. During 2010, the wind power generation capacity is 1800 Kilowatts. The Company`s wholly owned subsidiary is Veritas Global Pte Limited....Invest a very small quantity in this stock for long term . CMP ..Rs.101/- ..A risky stock , but may prove a multibagger in future .
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