Riddhi Siddhi Gluco Biols Ltd Performance
Open
551
Traded Value (Cr)
1.37 L
Prev. Close
552.15
VWAP
539.69
Volume
255.00
Face Value
10
Riddhi Siddhi Gluco Biols Ltd Fundamentals
Riddhi Siddhi Gluco Biols Ltd Financials
Resistance and Support
₹562.53
PIVOT
Resistance | |
---|---|
First Resistance | ₹580.067 |
Second Resistance | ₹590.883 |
Third Resistance | ₹608.417 |
Support | |
---|---|
First Resistance | ₹551.717 |
Second Resistance | ₹534.183 |
Third Resistance | ₹523.367 |
RSI | 54.361 |
MACD | 25.763 |
ADX | 27.598 |
CCI | 31.322 |
Delivery and Volume
About Riddhi Siddhi Gluco Biols Ltd
Riddhi Siddhi Gluco Boils Ltd (Formerly known as Riddhi Siddhi Starch & Chemicals Limited) was incorporated in Jul.'90. The company became a public limited company in Feb.'92 and its name was changed to the present one in Apr.'92. The Company is engaged in the business of generation and selling power through windmills and in business of trading in agriculture and metal commodity items. The Company had sold its Corn Processing Business during FY 2011-12, and invested the sale proceeds realized into various treasury instruments to optimize the return on surplus / idle funds. The company came out with a public issue in Nov.'93 to part-finance a project to set up an unit to manufacture starch and its by-products in Junapadhar (Ahmedabad district), Gujarat. The company's products include maize starch powder, white dextrine, yellow dextrine, thin boiling starch and oxidised starch. These products are used in industries like food products, pharmaceutical formulations, packing materials, textiles, etc. The by-products generated during the manufacturing process are husk fibre, gluten, oil cake and maize oil. Husk fibre, gluten and oil cake are sold as cattle feed and maize oil is refined further to produce edible oil. The Company enhanced the capacity of down stream products with substantial increase in the basic capacity of maize crushing and implemented a 6 MW Bio Mass based Co-generation Power Plant at its Gokak unit during the year 2001-02. During 2007-08, the Company expanded the Viramgam unit from 100 tpd to 250 tpd of corn grinding. It implemented the new plant in Rudrapur, Uttarakhand, having 1500 tpd of corn grinding capacity costing Rs 125 crore. Resulting to this, the said Unit commenced operations and the total corn grinding capacity of the Company reached 5 lac tonnes per annum in 2008. The Company expanded capacity at Pantnagar Unit in Uttarakhand in 2009-10. In 2010-11, 7.65MW Wind Energy Plant was commissioned in Tamil Nadu, Maharashtra and Gujarat. During 2011-12, the Scheme of Arrangement for Demerger and Transfer of Demerged Undertaking of the Company to Riddhi Siddhi Corn Processing Private Limited (RSCPPL) became effective from May 29, 2012. Accordingly, the Company's Corn Wet Milling business along with its assets and liabilities got transferred to RSCPPL effective on October 1, 2011.
Managing Director
Ganpatraj L Chowdhary
Founded
1990
NSE Symbol
Riddhi Siddhi Gluco Biols Ltd Management
Name | Designation |
---|---|
R Sathyamurthi | Independent Director |
Ganpatraj L Chowdhary | Chairman & Managing Director |
Siddharth Chowdhary | Whole-time Director |
Balveermal Singhvi | Independent Director |
Urvi Desai | Independent Director |
Sharad Jain | Company Sec. & Compli. Officer |
Mahendra Kumar Bhandari | Independent Director |
Sangita Sandeep Singhi | Independent Director |