Ashok Alco – chem Limited has a manufacturing facility was set up at Mahad MIDC, Maharashtra which is 170 kms from Mumbai and offers excellent logistics facility being very close to JNPT Port terminal. The plant is spread over a land area of about 28000 sq.mts.
The Company’s plant is one of the leading alcohol based facility currently having installed capacity to produce 13,000 MTs of Glacial Acetic Acid, 30,000 MTs of Ethyl Acetate and 10,500 MTs of Acetaldehyde per annum.
Apart from the manufacture of Chemicals, the Company also commenced trading in some mineral products mainly for exports from the year 2009 which are giving a good addon turnover to the main business.
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I am passionate about 3 things in my life Financial System, Fitness & Photography
I got introduced to Financial system through Forex Trading back in 2007 during my 3rd Year of Engineering & It was too complex yet magnificent. Officially I entered Indian Stock Market in early 2008 at the very beginning of Global Financial Crisis, but what the hell did I know for me it was the last semester & time to get serious about my passion ie, Counter Strike
RoCE : Return on Capital Employed (Effective)
PAT(Avg.) : Net Profit after tax ( Average )
CMP : Current Market Price
MoS : Margin of Safety