Indag Rubber Limited (IRL) was incorporated in July 1978 as a joint venture between Khemka group and M/S Bandag Incorporated, USA, one of the biggest players in the US retreading industry. The Khemka Group founded Indag Rubber during the early 80’s and pioneered the introduction of cold retreading technology in India. The company has provided retreading material to its customers ranging from precured tread to curing envelopes. The tread rubber is made from superior raw materials and pressed at a very high pressure resulting in a product that gives high performance both in terms of mileage and tread life. Indag is committed to deliver world class quality products & services and improve upon its quality standards to meet the best expectations of customers. Indag uses advanced technology in terms of machinery, equipment and raw materials. As a result, its products give mileage that result in LOWEST COST PER KILOMETER. Its processes have been certified as ISO 9001:2000 compliant. Indag continuously engages in R&D to develop and deliver superior compounds that give higher mileage to customers. The company constantly engages in testing of these compounds in the field to ensure that their customers get a product that gives superior performance. The company’s factories are located in Nalagarh, Himachal Pradesh and Bhiwadi, Rajasthan to ensure speedy delivery of its product to customers all over India and different parts of the World. For Speedy delivery of products, the company’s distribution network spread across 500 to 600 Retreaders, 100-150 dealers and 25 Depots pan India Presence. We recommend ‘BUY’ in this particular scrip with a target price of Rs.232.00 for Medium to Long term investment. For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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