Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mohan Marette who wrote (8130)	10/11/1999 9:57:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

CompanyWatch: India Foils (IFL) NSE: RS 21.70 (10/11/99) BSW: Rs 21.50 ( " " ) P/E: 31 Book value:Rs 80.00 indiafoils.com Company Profile A reputed aluminium foil manufacturing company of over 50 years standing, earlier part of Alcan, Canada and now belonging to the prestigious industrial house namely, Williamson Magor. The company with a turnover of approx. 100 million dollar employs about 1500 people. It has three manufacturing unit and five branch/sales offices in the country which corporate headquarters at Calcutta. The company which has over 8,000 shareholders and is listed at important Indian Stock Exchanges such as Ccalcutta, Mumbai, etc . The company currently produces over 1,000 tonnes (6 mic to 200mic) of aluminium foil per month. It has just executed a new project of about 40 million US Dollars consisting of an ultra -modern 1500 mm wide foil mill from Achenbach and Roll grinding and foil separating equipment from reputed West German manufacturers. Hercules and Kampf, thus enhancing the capacity further by 500 tonnes per month. The company also has a technical collaboration with world renowned Pechiney Aluminium of France. All the company's units have ISO 9002 cetification and is now in the process of obtaining ISO 14000. The company also produce a comparatively small quantity of about 250 tonnes of flexible packaging laminates per month for critical applications with 7 colour printing facilities and state-of-the-art Electronic cylinder Engraving and processing system from Ohio, USA.