Technocraft Industries - Daily Stock Picks

Posted by admin in Companies, Mid Term Picks on Aug 24th, 2010 | no responses

Technocraft Industries Stock Analysis

Technocraft Industries is one of the leading manufacturers of Drum Closure including Title Seal Flanges and Plugs, Tite Seal Gaskets, Tite Seal Leak Locks Plugs, Octagon base Drum Flanges & Auto Closure Systems
Technocraft has entered into a Joint Venture with TABLA Construction Systems of Canada to enter the formwork business. A new company Technocraft-TABLA Formwork Systems Ltd has been created in India which will manufacture and distribute TABLA formwork products in India.
Expecting huge growth in the sales of Drum Flanges & Auto Closure Systems in the near future
In two years, Net Profit is expected to grow by 73%