SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Fulford India invests Rs 41 lakh towards business expansion

02 Aug 2013 Evaluate

After raising Rs 40.25 crore by issuing 700,000 equity shares to its promoters Dashtag, Fulford India has utilized Rs. 41 lakh towards business expansion in the quarter ended June 30, 2013. The total amount utilized till June 30, 2013 is Rs. 2.41 crore. The remaining unutilised balance of Rs 37.84 crore will be invested in fixed deposits with banks .

The company has raised the said funds to the tune of Rs 40.25 crore to provide capital in order to permit the company to strengthen its position in the market and act on strategic business growth opportunities.

Fulford (India) is engaged in the business of manufacturing and marketing pharmaceutical consumer products, including cough tablets and herbal ointments, marketed under the trademarks - PEPS and ZAMBUK respectively. It offers medicines for the treatment of allergy and respiratory, arthritis and immunology, cancer therapies, cardiovascular, hepatitis, sun care, etc.

Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×