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Stock Pick: DCM Shriram

DCM Shriram is a diversified group that is active in chemicals, textiles, alcohol and sugar

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Stock Pick: DCM Shriram
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DCM Shriram is a diversified group that is active in chemicals, textiles, alcohol and sugar. Although the business is diversified operationally, the company is well integrated and coordinated as some of the businesses feed others. This arrangement, lowers operational costs and makes DCM Shriram a highly competitive player. The company also benefits from low-cost captive power for all the major operations and has products for both rural and urban markets. The impact of the capex in recent times will start showing effect in the coming year, which will also ride the commodity cycle, market expansion and economic recovery.

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