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.
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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.
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Tuesday, 10 January 2012
Labels:
Investment Idea
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