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Sukhjit Starch & Chemicals Ltd.

BSE: 524542 Sector: Others
NSE: N.A. ISIN Code: INE450E01011
BSE 11:15 | 18 Aug 490.55 -0.75
(-0.15%)
OPEN

495.00

HIGH

497.95

LOW

482.75

NSE 05:30 | 01 Jan Sukhjit Starch & Chemicals Ltd
OPEN 495.00
PREVIOUS CLOSE 491.30
VOLUME 1137
52-Week high 617.00
52-Week low 241.50
P/E 8.88
Mkt Cap.(Rs cr) 766
Buy Price 493.00
Buy Qty 200.00
Sell Price 494.95
Sell Qty 13.00
OPEN 495.00
CLOSE 491.30
VOLUME 1137
52-Week high 617.00
52-Week low 241.50
P/E 8.88
Mkt Cap.(Rs cr) 766
Buy Price 493.00
Buy Qty 200.00
Sell Price 494.95
Sell Qty 13.00

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 June2003. The project was financed by PNB as a term loan.

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