Analysis: Ami Organics Limited

NSE:AMIORG Market cap: ₹9.6K cr

Research report

Ami Organics (AOL) was founded in 2004 as a partnership firm by two friends, Nareshkumar Patel and Chetankumar Vaghasia, in Surat, Gujarat. Before AOL, the two had partnered in another chemicals trading firm called CNR Intermediates. The company's original business was making pharma intermediates at kilogram scale for clinical trial requirements of pharmaceutical customers. This was unglamorous work that larger chemical producers had little interest in pursuing, but it gave AOL a foothold in the...

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RS rating: 45 Stage: Stage 3

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