MoneyWorks4Me analysed the past 10-year performance of Kesoram Industries Ltd and arrived at the following conclusion:
The 5-year analysis of Kesoram Industries Ltd's performance infers:
We analysed the performance of Kesoram Industries Ltd share prices over the last 10 years. Here is what we found out:
Kesoram Industries (KIL) was incorporated in October 1919 as Kesoram Cotton Mills. The name was changed to Kesoram Industries & Cotton Mills in the year 1961. Later, in the year 1986, the name was changed once again to the present one. KIL is a diversified conglomerate belonging to the BK Birla Group.
The company is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes. KIL is also listed on Societe de la Bourse de Read More
The company is engaged in the manufacture of cement, tyres, tubes, rayon, paper, heavy chemicals and spun pipes. KIL is also listed on Societe de la Bourse de Luxembourg stock exchange.
The company set up its rayon yarn manufacturing unit in West Bengal. This unit earlier had an installed capacity of 4,635 metric tonnes per annum, which was later increased to 6,500 metric tonnes per annum.
KILâ€™s transparent paper unit is located in West Bengal with a manufacturing capacity of 3,600 metric tonnes per annum.
The companyâ€™s cast iron spun pipes unit has a production capacity 45,000 metric tonnes per annum.
KIL has two cement manufacturing facilities located at Andhra Pradesh with a production capacity of 1.2 million metric tonnes and 4.1 million metric tonnes.
The company has set up automotive tyres and tubes unit in collaboration with Pirelli in Orissa. The unit has an annual production of 2.1 million tyres, 1.4 million tubes and 1.1 million flaps.
Its heavy chemicals plant produces 12,410 mtpa of caustic soda lye, 5,045 mtpa liquid chlorine, 6,205 mtpa of sodium hypochlorite, 8,200 mtpa of hydrochloric acid, 3,200 mtpa of ferric alum, 18,700 mtpa of sulphuric acid and 16,20,000 m3pa of purified hydrogen gas.
KIL has won FAPCCI Award for Excellence in Industrial Productivity in 2007.
The company was awarded â€œBest Management Award 2007â€ by government of Andhra Pradesh.
2010 - Award for "Excellence in workers' welfare" from the Federation of Andhra Pradesh Chambers of Commerce, Andhra Pradesh.2012 - Kesoram Industries had entered into a joint venture with Maharashtra Seamless Limited and Dhariwal Infrastructure Private Limited for working a coal block allocated to it by the Central Government in the State of Maharashtra.