Jun 14, 2010

AkzoNobel India Ltd.-Attractive bet Amongst Paints Products Companies

EQUITY ANALYSIS:
Equity Capital of the company is Rs. 36.8 cr havin face value of Rs.10 per share.
The Market cap at stock price of Rs.700 is Rs.2576 cr.
Mcap to Sales ratio stands at 2.86.
Imperial Chemical Industries (ICI) was a British chemical company, now a subsidiary of AkzoNobel, a Dutch Conglomerate, one of the largest chemical producers in the world. It produces paints and speciality products (including ingredients for foods, specialty polymers , electronic materials, fragrances and flavours)
AkzoNobel Bought ICI Plc.in January 2008.