Indo Gulf Industries Ltd. Stock Analysis 506945.BO

Indo Gulf Industries Ltd. engages in the business of industrial explosives. The company is headquartered in New Delhi, Delhi. The firm's principal activities are manufacturing of explosives, ammunitions and fireworks. The firm's factories include explosive division and site mixing slurries (SMS) division. Its products include Large Dia Explosives, Small Dia Explosives, Indo Cord, Indo Boost and PETN. Its Large Dia Explosive products include Indo Gulf Super prime, Indo Gulf Super Gel, IGIL Prime and NCN 400. The firm's Small Dia Explosive products include Indo superpower 90, which comes in various cartridge diameters such as 25mm, 32mm and 40mm. The firm manufactures Indo Cord in a range of core loads of 5 gm/m to 80 gm/m, which are strong, flexible and light weight, comprising an explosive core of PETN contained within a spiral of tape, plastic sheathing and natural or synthetic fibers and over extruded with PVC to provide abrasive resistance and waterproofness.