Stovec Industries Ltd - Manufacturer of Textile Printing

(Sujay Ghosh) #42

Their technological expertise says “Metal Coating/Plating, Electroforming”. They state that,
Can we assume from this that this can help expand their portfolio of products later !!

(Ayush Mittal) #43

Company to divest the investment in subsidiary -

For some investors it used to be a concern as the investment seemed un-related. Good that company is exiting.

(Dhiraj Dave) #44

Excellent development. As you correctly pointed out, this was my major concern and reason for exit. It would be good to watch further development in this counter.

(Ayush Mittal) #45

The amount is small in overall scheme of things. More importantly, they had been having surplus cash, lets see if they can put it to use for the growth of the company or may be increase dividends