Category Archives: Riddhi Siddhi Gluco Biols

Indian Starch Sector Leader as well as World Starch Major Roquette are Tarnishing their Reputation by Not Coming Clean on the Acquisition

The day from which World Starch Major Roquette Freres announced the acquisition of Indian Starch Sector Leader Riddhi’s all runnning plants, there is widespread discontent amongst the minority shareholders of Riddhi Siddhi who are feeling cheated by the management of … Continue reading

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Roquette Enters India by Acquiring 3 Plants and straightaway getting 35 % Marketshare of Indian Starch & Starch Derivatives Sector — An Extremely Positive News for the Sector

  On 7th January 2011, Starch Sector leader Riddhi Siddhi Gluco announced board approval for a restructuing exercise wherein it is transferring all its running plants into a subsidiary and World’s 3rd largest cornstarch player Roquette is taking a majority … Continue reading

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Riddhi Siddhi Gluco Biols Ltd. – Q2 FY11 Results Analysis – Target Price Revised to Rs. 740

  Riddhi Siddhi Gluco Biols Ltd. – Q2 FY11 Results Analysis – Target Price Revised to Rs. 740 Riddhi Siddhi Gluco Biols Ltd. – Q2 FY11 Results Update Industry – Starch (Corn Starch) BSE Code – 524480 Current Price – … Continue reading

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Bullish Reports Pour-in for Indian Starch Sector Leader Riddhi Siddhi Predicting its Robust Growth in Near Future – After K.R. Choksey, India’s another Leading Broking Firm Anagram turns Bullish on the Sector

After recent optimistic report by India’s top broking firm K.R. Choksey which predicted an extremely bright future for Indian Starch Sector Leader Riddhi Siddhi Gluco Biols Ltd., research arm of another leading broking firm of India – Anagram, in its … Continue reading

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Leading Indian Brokerage Firm KRChoksey Predicts Extremely Bright Future for Indian Starch Sector Leader Riddhi Siddhi Gluco Biols in its Recent Research Report Dated 14th October 2010

In its latest Research Report dated 14th October 2010, leading Indian Brokerage Firm KRChoksey says ” Riddhi Siddhi GLuco Biols Ltd (RSGBL) continued with its strong earnings growth in Q2FY11 in line with our estimates. Net sales grew significantly by … Continue reading

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Exponential Growth Registered in Q2FY11 Results of Indian Starch Sector Leader Riddhi Siddhi Gluco — FY11 Annualised EPS Stands at Rs. 99.76

  Q2FY11 Results of Riddhi Siddhi just announced Link attached for reference .   (1) Topline is as per the expectations but bottomline is far ahead of expectations.   (2) Inspite of 21 days closure of its Gokak Plant in Q2, … Continue reading

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Curtains Raised on Likely Q2FY11 Numbers, Deal with World’s 3rd Largest CornStarch Player, Power Sector Foray & Future Road Ahead – A Management Meet Note of Leader of Indian Starch & Starch Derivatives Sector – Riddhi Siddhi Gluco Biols Ltd.

{5th October, 2010}  Provided below are the Takeaways from the Management-Meet of Riddhi Siddhi Gluco Biols Ltd. [ BSE – 524480 ] Post-declaration of Robust Q1FY11 numbers & on Verge of Declaration of Q2FY11 numbers as well as Recent Announcement … Continue reading

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Indian Starch & Starch Derivatives Sector Leader confident of maintaining 30 % growth in FY11 & FY12 – To Launch New Products targetting various Industry Verticals

Indian Business Channel ETNOW interviewed MD of Indian Starch & Starch Derivatives Sector Leader Riddhi Siddhi Gluco Biols Ltd. on 27th September, 2010 and in that interview MD looked extremely confident of maintaining 30 % + growth rate in FY11 … Continue reading

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Latest Annual Report 2010 of Riddhi Siddhi as well as a Glimpse at the Highlights Embeded in it.

Attached is the link to download the latest 2010 Annual Report of Riddhi Siddhi Gluco Biols Ltd. Highlights embeded in the Annual Report 2010 of Riddhi Siddhi Gluco Biols Ltd. : Past & Present : (1) From a market-share of … Continue reading

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2005-2009 Annual Reports and Overview of Top Management of Riddhi Siddhi Gluco Biols Ltd.

Attaching is the link to Past five years’ Annual Reports of Riddhi Siddhi Gluco Biols Ltd for reference. In my past 12 years of career in Indian Financial Markets, I have not seen many companies which are trading at single digit PEs … Continue reading

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