NEW LONG TERM PICK - DHUNSERI VENTURES.

NEW LONG TERM JACKPOT - DHUNSERI VENTURES ( DVL )

ACCUMULATE DHUNSERI VENTURES AT CMP BETWEEN 240-290 AND KEEP ADDING ON DIPS IF IT FALLS TILL 200 KEEP SL OF 100 ON CLOSING BASIS FOR POSSIBLE TARGET 350-400-450-500+ IN 1-2 YEARS.

ONLY BUY IF YOU ARE READY TO TAKE RISK AS IT IS SMALLCAP STOCK HERE RISK IS MUCH MORE AND REWARD IS ALSO MUCH MORE NOT LIKE LARGECAP STOCK STOCK WHERE RISK IS LESS AND REWARD IS ALSO LESS.

ONLY BUY AFTER MAKING YOUR OWN RESEARCH AND ONLY IF YOU THINK STOCK IS GOOD AND ONLY INVEST THAT MUCH THAT YOU CAN AFFORD TO LOSE.

IT CAN BE A SMALL PART OF YOUR PORTFOLIO NOT MORE THAN 5%.

NOTE - ALREADY SUGGESTED ON OUR TELEGRAM CHANNEL AS SHORT TERM PICK @189 SO HOPE MOSTLY THOSE WHO ARE FOLLOWING ARE HOLDING IT.

STRENGTH OF THE COMPANY :

1 - STOCK IS AVAILABLE AT SINGLE DIGIT PE

2 - COMPANY IS ALSO DOING EXPANSION IN POLYESTER FIELD.

3 - COMPANY IS HOLDING MANY OTHER SHARES AS INVESTMENT AND MANY MUTUAL FUND WHICH VALUE IS MORE THAN 700-800CR WHICH PROTECTS SOME DOWNSIDE RISK.

4 - STOCK HAS GIVEN A MULTI-YEAR TECHNICAL BREAKOUT ABOVE 200.

5 - COMPANY IS DEBT FREE.

KEY RISK IN THE COMPANY 

1 - STOCK ALREADY MOVED UP MUCH IN LAST 1 YEAR.

2 - THIS IS A SMALLCAP STOCK SO THERE IS NOTHING GUARANTEED.

3 - IF PRICE OF IT'S RAW MATERIAL GOES UP THAN IT MAY ADVERSELY AFFECT IT.

DISCLAIMER - MAKE YOUR OWN RESEARCH BEFORE TAKING ACTION ON BUYING OR SELLING OF THE STOCK OR ASK TO YOUR FINANCIAL ADVISOR I HAVE JUST SHARED THIS POST FOR INFORMATION PURPOSE ONLY AND IT IS MY PERSONAL VIEW AND IT IS NOT A RECOMMENDATION.

ABOUT COMPANY ( DVL )

The company is in business of Bottle Grade PET Resin business of South Asian Petrochem Limited (promoted by the group) at Haldia in the State of West Bengal was acquired by the Company.

Pursuant to a Scheme of Arrangement with effect from 1.4.2014, the Company’s Tea Division was demerged and the IT SEZ division of the Company was re-organised. The Company was carrying the Petrochem business with its Plants at Haldia and Egypt. Accordingly, the name of the Company was changed to Dhunseri Petrochem Limited.

Petrochem Industries Private Limited (IDPIL) is an Indian Joint Venture Company of DVL. DVL and Indorama Ventures Global Services Limited (IVGS) of Thailand holds equal stake in IDPIL. IDPIL manufactures the finest bottle grade PET resin, for packaging of drinking water, carbonated soft drinks, edible oil, pharmaceuticals and many more. IDPIL has two PET resin plants in Haldia (port town in West Bengal) with an effective capacity of 480,000 TPA and one plant in Panipat (Haryana) with an effective capacity of 216,000 TPA.

Further, the Company had entered into a 50:50 Joint Venture with Indorama Ventures Public Company Ltd. (“IVL”), a global chemical producer to restart its IVL Dhunseri Polyester Company S.A.E. (Formerly Egyptian Indian Polyester Company S.A.E.) PET facility located in Ain Sokhna free trade zone, North West of the Gulf of Suez in Egypt with a manufacturing capacity of 540,000 TPA.

The Company is carrying on the business of treasury operations in shares and securities of other bodies corporate. The Company has a wholly owned subsidiary namely Dhunseri Infrastructure Limited which is in the business of developing and providing infrastructure facilities in Special Economic Zone for information technology and information technology enabled services (“IT/ITES”) Bantala in the State of West Bengal. Further, the Company also have a foreign subsidiary in Singapore, in the name of Twelve Cupcakes Pte Ltd. which is in the business of manufacture and retail of confectionery.

The Company has formed a wholly owned subsidiary in the name of Dhunseri Poly Films Private Limited, incorporated on 28.11.2020 for the implementation of the new project of manufacturing of Polyester Films i.e, BOPET which is in the first phase of expansion with an estimated capex of Rs 400-500 Crores.