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CuriousChartist
Jun 17, 2023 1:03 PM

Would Aspinwall Crawl or Stand Tall ? Long

ASPINWALL AND COMPNSE

Description

Aspinwall and Company Limited is a multi-line business organization engaged in Logistics services across 9 branches in India, Coffee processing and trading at Mangalore, natural fiber division at Aleppey and Pollachi, Sales office in Hertogenbosch (Netherlands), Rubber plantations at Malappuram and manufacture and trading of Natural Fiber products.

Revenue Mix
Sale of products: 54%
Logistics : 46%

85% of the coffee exports are to Switzerland, Germany, Italy, England and Scandinavian countries like Norway, Sweden and the balance to Australia, USA, Japan and Russia.

The co provides services like Liner Services, Customs Brokers, Freight Forwarding Services, Air Cargo Services, Ship Agency Services, Stevedoring Services, Bulk Cargo Services, Warehousing Services, Door to Door Services and Project and Over-Dimensional Cargo handling.

The Company has five wholly-owned subsidiaries, Aspinwall Technologies Ltd, Malabar Coast Marine Services Pvt. Ltd., Aspinwall Geotech Ltd., SFS Pharma Logistics Private Limited and Aspinwall Healthcare Private Limited.

The co has ventured into new business initiatives comprising trading of Premium Virgin Coconut Oil products. Also, by incorporating a new wholly-owned subsidiary company, Aspinwall Healthcare Private Limited, the co has also entered into the manufacturing and trading of medical products/accessories/equipment market.

Comment

Currently at 225 - a strong demand zone.

Comment

Getting ready to stand tall. CMP: 250

Trade active

Comment

Seems like its time has arrived.
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