TARAI FOODS LTD
BUY BUY AT CURRENT PRICE---- DEAR FRIEND DO NOT SALE A SINGLE SHARE AND ONLY BUY BUY IN EVERY FALL BECAUSE IT A REALLY FMCG STOCK .. -Atleast wait for 4th qrt result, My target for Tarai Foods is Rs 11 TO 18 for the long term with a stop loss of Rs 3.80 .
Brief of company
Tarai Foods Ltd. was incorporated on the 20th of February 1990 as a Public Limited company, and is listed on the stock exchange of Mumbai . The company has set up a vegetables processing plant (based on Individual Quick Frozen (IQF) Freezing technology) in the Tarai region at Rudrapur, in Distt. Udham Singh Nagar, Uttrakhand. The plant is capable of processing and freezing all kinds of products like fruits, vegetables, meats, fish etc.
The company had marketing tie ups with Hindustan Liver Ltd, (HLL) through their subsidiary Brooke Bond India Ltd. (BBIL) for domestic and export markets and TFL's products were sold under the brand name of "Green Valley" by HLL till 1995.
The company was selected by McDonald's International of USA to be its sole supplier of frozen French fries to its India operations in 1996 and was introduced to Lamb Weston Inc., USA, a wholly owned subsidiary of the food giant, Con Agra's, USA, a Fortune 500 company and also the largest suppliers of French Fries in whole of the world. With the wholehearted support and permission of the FI's the promoters entered into a Technical Collaboration Agreement with Lamb Weston Inc. and under a Financial Collaboration Agreement The company launched its own brand name of Inland Valley French Fries. This association continued till 1998.
The company has developed 8 chambers to grow Fresh Mushrooms in artificially controlled temperature settings under the able guidance of retired scientist of Pant Nagar University, Dr.R.P. Singh.
The Company has also installed a canning line for processing of mushroom and markets fresh, frozen and canned mushroom.
The company is also into manufacturing and selling sweet corn to various distributors/ Big Bazaar Outlets in and around Delhi. The company is planning to launch French fries again in the market very soon under the registered brand name "TARAI".
The company had marketing tie ups with Hindustan Liver Ltd, (HLL) through their subsidiary Brooke Bond India Ltd. (BBIL) for domestic and export markets and TFL's products were sold under the brand name of "Green Valley" by HLL till 1995.
The company was selected by McDonald's International of USA to be its sole supplier of frozen French fries to its India operations in 1996 and was introduced to Lamb Weston Inc., USA, a wholly owned subsidiary of the food giant, Con Agra's, USA, a Fortune 500 company and also the largest suppliers of French Fries in whole of the world. With the wholehearted support and permission of the FI's the promoters entered into a Technical Collaboration Agreement with Lamb Weston Inc. and under a Financial Collaboration Agreement The company launched its own brand name of Inland Valley French Fries. This association continued till 1998.
The company has developed 8 chambers to grow Fresh Mushrooms in artificially controlled temperature settings under the able guidance of retired scientist of Pant Nagar University, Dr.R.P. Singh.
The Company has also installed a canning line for processing of mushroom and markets fresh, frozen and canned mushroom.
The company is also into manufacturing and selling sweet corn to various distributors/ Big Bazaar Outlets in and around Delhi. The company is planning to launch French fries again in the market very soon under the registered brand name "TARAI".
Sirji
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