The 5-year analysis of Shree Ajit Pulp & Paper Ltd's performance infers:
We analysed the performance of Shree Ajit Pulp & Paper Ltd share prices over the last 10 years. Here is what we found out:
Shree Ajit Pulp and Paper was incorporated as Pvt. Ltd. Co. on march 23, 1995 and then was converted into Public Limited Co. on November 13,1995. The Company came out with the Public Issue of Equity Shares worth Rs. 315/- Lacs in the month of October 1996 and at present is listed on regional stock exchange at Vadodara and at additional Stock Exchange at Ahmedabad.
Higher capacity utilisation by the company has lead it on the growth track, the cost reduction and cost controls
Higher capacity utilisation by the company has lead it on the growth track, the cost reduction and cost controls techniques resulted in improved bottom lines of the company. Modernization of the existing production facility and additions of the capacity are projected as next path of success.
They seek to achieve, maintain and improve continuously the quality of their products in relationship to the requirements for Quality. Improve the Quality of their own operations, so as to meet continuously all customers' stated and implied needs. Emphasize on quality improvement as a part of everyone's job, either by teamwork or individual activities. Taking actions to improve effectiveness and efficiency of activities and processes to provide added benefits to the customers and in turn to the organisation.
Product range of the company includes:
It caters to its customers in the different varieties of Kraft Paper of 120-220 GSM and Bursting Factor (BF) ranging from 16 to 28. It has already developed 35 BF paper in 80 GSM and Golden Yellow paper ranging from 20 BF to 28 BF.
The product is in reels form and is used for making Corrugated Boxes, Liners, Textile Tubes, Duplex Cartons etc. the main consumption is thus in packaging.
The USP of the companyâ€™s product is the consistent quality. It has established itself as a cost effective quality supplier, and they believe however that future competition would be on the basis of Customer service.