Oriental Carbon & Chemicals Ltd Multibagger 3 yrs time frame - Long term investment
Oriental Carbon & Chemicals Ltd Multibagger 3 yrs time frame - Long term investment
- Oriental Carbon and Chemicals Limited (OCCL), a company belonging to the Duncan JP Goenka group of companies, traces its origin to 1978 when it was incorporated as Dharuhera Chemicals Limited (DCL).
- In 1994 OCCL set up a unit for manufacturing of Insoluble sulfur which later emerged as the star product of the group.
- OCCL is one of the market leaders in the production of Insoluble Sulphur for the Tyre and Rubber industry around the world both in terms of quality as well as quantity.
- It has state of the art manufacturing facilities in India at Dharuhera (Harayana) and at Mundra (Gujarat).
- Apart from Insoluble Sulfur OCCL also manufacture Sulphuric Acid and Oleums in its chemical complex at Dharuhera.
- The production capacity of Insoluble Sulphur now stands at 22,000 Mt per annum with new capacities slated to be added in near future.
- "Diamond Sulf" the brand under which the Insoluble sulphur is sold is synonymous with quality Insoluble sulphur in which it is the undisputed leader in India.
- Diamond Sulf is offered in various grades to satisfy diverse compounding requirements of Tire companies. The company today offers the widest range of Insoluble Sulphur in the world. This allows our customers to choose the grade which best suits their requirement . Custom made grades are also offered to meet some specific performance requirements.
- Sales has been consistent and EPS has grown by 10 % year on year for past 5 years.
- As the next big thing in India after Pharma is the Chemical industry which has captured the fancy of the investors worldwide.India will be the hub for chemical export like Pharma in the next 20 years and OOCL will benefit from it
- One can invest with 3 to 5 years horizon with the stock could reach 3 times from current level.
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