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Ashok Alco-Chem

Chemicals
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Fundamentals

Market Cap₹50Cr
P/E Ratio91.88
P/B Ratio1.34
Industry P/E28.22
ROE-17.24%
EPS(TTM)1.18
Dividend Yield0.46%
Book Value81.01
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Financials

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About Company

Ashok Alco-Chem Limited is engaged in chemical manufacturing and minerals trading. The Company's segments include Chemical Division (Manufacturing) and Global Trading Division. It offers ethyl acetate, which is used in a range of coating formulations, such as epoxies, urethanes, cellulosics, acrylics and vinyls; glacial acetic acid, which is used in paint, varnish, lacquer and related products, and acetaldehyde, which is as an intermediate for the synthesis of other chemicals. It also offers ball clay, quartz and feldspar. In addition, it offers core minerals, such as bauxite, bentonite and kaolin, and other minerals, such as gypsum, bleaching earth and iron ore. Its manufacturing facility is located at Mahad Maharashtra Industrial Development Corporation (MIDC), Maharashtra, which is over 170 kilometers from Mumbai. It produces approximately 13,000 metric tons (MTs) of glacial acetic acid, over 30,000 MTs of ethyl acetate, and over 10,500 MTs of acetaldehyde per annum.
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Parent OrganisationAshok Alco-Chem Limited
Founded1992
Managing DirectorNA
BSE Symbol524594

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