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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (7220)	9/26/1999 3:31:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

CompanyWatch:Bloom Time for Orchid Chemicals & Pharmaceuticals Ltd. Stock Price:Rs 182.40 (9/24/99 on NSE) P/E:10 Book value:Rs 95.48 Company Website orchidpharma.com Bloom Time for Orchid It is orchids everywhere, posters of the flower adorning the foyer, and freshly cut ones smiling from vases at the headquarters of Orchid Chemicals & Pharmaceuticals Ltd in Chennai. "The orchid is exotic and it has an international appeal. Just what I wanted my company to be," says the managing director K. Raghavendra Rao. His Orchid has blossomed fast. The 100 per cent export-oriented company, which started with antibiotic Cephalexin in 1994 has grown into a multi-product company with a turnover of Rs 333.23 crore last year. According to the Indian Credit Rating Agency, it is the fastest growing pharmaceutical company in India. Raghavendra attributes this success to his 'native intelligence' and a core group of people... the-week.com