Unitech International is in the process of shifting the focus of its major business from trading to manufacturing in order to receive higher profits & product diversification, to reduce the global commodity and forex risks.
The company is setting up a plant to manufacture Monomer with 12000 Mts Annual Capacity in Acchad District of Maharashtra and is expected to start commercial production by August 2015. Further, the company is expecting to earn annual revenues of around Rs 132 crore and add Rs 12 crore to the bottom line.
The company has been primarily involved only in trading activities of various commodities like ferrous metals, non ferrous metals, plastics, chemicals, etc. Now the company is keen to diversify and manufacture high value, speciality chemicals to cater to the domestic as well as the export market.
Company Name | CMP |
---|---|
Adani Enterprises | 3058.00 |
Redington | 210.85 |
Amrapali Industries | 14.41 |
Rashi Peripheral | 328.10 |
Compuage Infocom | 4.36 |
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