GHCL formerly known as Gujarat Heavy Chemicals Ltd is a Dalmia group company, which is one of the leading soda ash manufacturers in India. The company is engaged in manufacturing of industrial chemicals, textiles and edible salt. Its FMCG presence includes salt, honey and spices under brand name i-FLO. In addition to domestic sales, GHCL exports textiles to several countries including the US, Saudi Arabia, Iran, UAE, Jordan, Thailand, Taiwan and Australia. GHCL’s capex plans in both segments could boost revenues, profitability and return ratios going forward and the focus on debt reduction, all indicate towards strong growth in the future.
Stock Pick: GHCL
The company is engaged in manufacturing of industrial chemicals, textiles and edible salt
Show comments