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Thursday, 9 February 2017

Essential Facts: TANFAC Ind

1) TANFAC plant has 60 acres land. It means, co can undertake manifold expansion at existing site. For academic purposes,  _value of this land alone is more than Mktcap of co_

2) Sharp decrease in Finance Cost

3) Promoters include GRASIM, Hindalco, Pilani Investment

4) It's Technology tie up include Davy from Switzerland, Chenco from Germany

5) *Largest mfr of Aluminium fluoride and Hydrofluoric Acid in India*

6) Market leader in AIF3,HF

7) TANFAC also makes Peracetic Acid, Acetic acid, Potassium fluoride

With estimated EPS of 15 and 19 for FY17 and FY18, stock appears grossly undervalued

Q3 results scheduled for today should unveil Highest Ever quarterly NP

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