GeeCee Ventures Stock Research

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GeeCee Ventures Detail

GeeCee Ventures is in portfolio of Akash Bhansali. He is one of the top investors in India. The company belongs to Conglomerate sector.

As per the Company website it is formerly known as Gwalior Chemical Industries Limited. The Company sold its main manufacturing unit at Nagda, Madhya Pradesh (Specialty Chemical business) to Lanxess (India) Pvt Limited, a subsidiary of German multinational Lanxess AG.

As of now the Company is in business of

  • Real Estate
    • Residential and Commercial project named Cloud 36 in Navi Mumbai
  • Finance
    • It deploys liquid pool of assets into investments for risk free returns
  • Wind Energy
    • Invests Wind Power projects in state of Rajasthan
  • The Company also has land bank in Karjat (Maharastra) which it plans to develop in future if market conditions are good for investment in the area.

It has seven manufacturing unit in India in which 6 are located in states of Haryana and Uttar Pradesh and one in Maharastra. The clientele of the Company includes Blue Star, Carrier, Mahindra etc.

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I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

GeeCee Ventures Stock Performance

The stock performance shows decline from year 2006 till year 2015. The decline was slow and steady due to Specialty chemical business sell off and Company trying to diversify its operations into different business areas.

The stock gives decent dividend of more than 1% at current market price. Despite business sell off and challenges it has given positive returns to investors though the long term return does not beat the fixed investment options one has.

GeeCee Ventures My Opinion

GeeCee Ventures is a Conglomerate Company. It is in multiple business operations. The Company has cash from selling its specialty chemical business. It is trying to deploy that cash in wide range of industries like Real Estate, Wind Power. The rest of the money is deployed into various investments which Company claims to be less risky.

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Wind Power is in renewable sector and offers growth opportunity. The land banks are in state of Maharastra. Now for investors it is better to invest into Companies which have growth potential and has defined business focus which it can grow over the years.

But the Company was not able to deploy cash into any fixed business opportunity. It is trying hard to finalize one business area for growth and future. One thing I like about it. Having sold the assets it has survived and has given positive returns to investors. This shows management honesty and focus on reviving the business.

But as of now I am not planning to invest in this Company or track this Company. I am already invested into Finance sector and will not be investing into other companies in this sector as it will increase the exposure.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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