Tuesday, 10 January 2012

TCIL is today the largest indigenous producer of tin coated and tin free steel sheets in India, enjoying 35-40% market share and undoubtedly the industry leader for more than 90 years. The company exports about 20-25% of its production directly to end-users (can-makers) and its products are well accepted in the markets of SE Asia, Middle East and some developed countries in Europe.
Headquartered in Kolkata, the Company’s Works is located at Jamshedpur, Jharkhand. There are presently 11 offices in India and a distribution network with 16 stocking points.
View Of TCIL
 



TCIL Works, situated at Golmuri, Jamshedpur has presently two Electrolytic Tinning Lines (ETLs) and Cold Rolling Mills (CRMs)
The Company is in the business of manufacturing and supplying reliable, cost-effective, value-added tin mill products. It manufactures various grades of electrolytic tinplates, tin-free steel sheets and Full Hard Cold Rolled Sheets (FHCR) used for metal packaging. 

Current Price of Rs.40/= .Valuation are attractive and sector is good as far as sales are concerned .It enjoys a monopoly in india. A cheapest stock from Tata group company . A chance to accumulate for long term a potential multibeggar Stock .Fair value of stock in any value  thoery stands at Rs.80/= on a minimum side. 


Market Cap 419.72 cr
Dividend 12.00%
EPS (TTM) 1.65
PE 24.30
Book Value 33.62
Face Value 10.00
Market Lot 1.00   

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