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Astec life sciences

Discussion in 'Fundamental Analysis' started by mailtoswarup, May 10, 2020.

  1. mailtoswarup

    mailtoswarup Member

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    ASTEC LIFE SCIENCES
    The company manufactures a wide range of Agrochemical active ingredients and pharmaceutical intermediates.
    Market capital is 1000 Cr.
    Promoter holding 71 % . In last quarter its increased by 1.78 Percent
    Company's ROCE is 21% and OPM at 16%
    Average return on Capital employed for last 10 years is above 15
    sales growth is above 22% (last 3 years) and for last 10 years they have maintained Sales growth above 10%
    Debt to Equity Ration is at 0.4
    No negative cash flow as of now.
    I have checked these parameters according to my little information and knowledge.
    Shabbir bhai and all other experienced people please let me know your view on Astec as long term investment

    Thanks

    Sent from my Redmi Note 3 using DIY Technical Analysis mobile app
     
    mailtoswarup, May 10, 2020
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  2. shabbir

    shabbir Administrator Staff Member

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    Moreover, this is a Godrej brand company

    http://www.astecls.com/

    So all looks ok but only one thing I like to see is some unique products that I don't see it. Is there anything that is unique in the operation of the company?
     
    shabbir, May 11, 2020
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  3. mailtoswarup

    mailtoswarup Member

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    mailtoswarup, May 11, 2020
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  4. shabbir

    shabbir Administrator Staff Member

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    shabbir, May 11, 2020
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