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Sukhjit Starch & Chemicals Ltd.

BSE: 524542 Sector: Others
NSE: N.A. ISIN Code: INE450E01011
BSE LIVE 15:40 | 15 Dec 399.35 7.80
(1.99%)
OPEN

405.00

HIGH

405.00

LOW

395.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 405.00
PREVIOUS CLOSE 391.55
VOLUME 1619
52-Week high 433.45
52-Week low 240.00
P/E 17.68
Mkt Cap.(Rs cr) 295
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 405.00
CLOSE 391.55
VOLUME 1619
52-Week high 433.45
52-Week low 240.00
P/E 17.68
Mkt Cap.(Rs cr) 295
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sukhjit Starch & Chemicals Ltd. (SUKHJITSTARCH) - Company History

Established as a private limited company in 1943, Sukhjit Starch & Chemicals (SSCL) went public in 1944. It was originally promoted by B K Sardana, et al, to set up a maize starch manufacturing plant with an installed capacity of 5 tpd at Phagwara, Punjab. Its capacity was expanded to 35 tpd by 1960. SSCL commissioned a 100% indigenous liquid glucose plant in 1967 and added a dextrose monohydrate facility in 1982. The company is engaged in manufacturing edible maize starch used in the preparation of ice-cream, custard powder, confectionery, etc; maize starch used in the textile and paper industries; dextrine used in foundries as a binder; liquid glucose used in the manufacture of jams, jellies, chewing gums, etc; and dextrose monohydrate (glucose) used in pharmaceuticals. The company added a manufacturing facility for sorbitol, commissioned in Mar.'95. To part-finance the sorbitol project, in Nov.'92, SSCL offered rights (1:2) at a premium of Rs 60 per share. As there is a demand in this sector the company has set up its third unit at Malda (West Bengal). The commercial production commenced on 5th June,2003. The project was financed by PNB as a term loan.