September 20, 2010

Acrow India Limited

Registered Office :-

Ravalgaon
Distt. Nashik
Maharashtra

RTA :-

Freedom Registry Limited ,
Nashik-422 001

Chairman :

Harshavardhan B Doshi

Directors :-

Marayan Verma
MB Bhide
Vikram Bhat
Nihal H Doshi
Ashok S Ashtekar

History

Acrow India Limited was incorporated in 1960 as a joint venture between India's leading construction company HCC ( of the renowned Walchand Hirachand group ) and England's Acrow ( Engineers )Limited to manufacture special Acrow steel scaffolding and other frames used in construction idusry.

Presently , Acrow India manufactures mainly Sugar Mills machinery. Its group company Ravalgaon Sugar is situated near by .

Financials ( 31-03-2010 )

Share Capital : Rs. 66 lakh
Face Value : Rs.10
Reserves : Rs. 8 cr. 85 lakh
Net Profit ( 2009-2010 ) Rs. 32lakh
Dividend : 50 %

Listed : BSE
Status : Fairly Liquid - Daily Quotation Available
CMP : Rs. 185

For Latest Quote ( moneycontrol.com ) Pleas Click :- 

http://www.moneycontrol.com/india/stockpricequote/constructioncontractingcivil/acrowindia/AI03

Presently , the working of Acrow India is steady but in a limited horizon. Highlights are a very small capital base and renowned promoters. In future some exciting development may take place which may be rewarding to investors with patience.

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General Warning : Investment in Shares Can be Injurious to Your WEALTH

Disclosure : The Blog writer in his / family names has holdings in this Company. So please make suitable " provisions " for any likely Over Optimism

NB :All information given in good faith. Please recheck every point before taking an investment decision.No responsibility with this blog / blog writer

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