Oriental Trimex swing (long)Price has tapped into a multi-year demand and rejected cleanly.
(Yep, that's basically it. No other reason).
It is possible that it could rally up to 12 and maybe 15+.
Not financial advice.Do your own DD.
ORIENTALTL trade ideas
oriental trimaxOriental Trimex incorporated in 1996 is one of the leading importers of premium quality Natural Marbles mainly from Italy, Spain, Greece, Portugal, Turkey, Egypt, Iran, Indonesia, Sri Lanka and several more countries.
Headquartered in Delhi, India, Oriental Trimex boasts of being the only processor of natural marble in the Delhi NCR.Oriental has Marketing outlets & Warehouses at prominent location in Delhi, Mumbai, Chennai and Kolkata.
It has processing facilities are based at Greater Noida in the Delhi National Capital Region, Gummidipoondi near Chennai and Singur near Kolkata. The processing factories are equipped with state-of-the-art machineries namely Gang-Saws, automatic Resin Lines with Robotic feeds, imported from SEI, Italy, one of the pioneers and leaders in manufacturing machineries for the marble industry, imported automatic Line Polishers and imported Grinding Machines.
The automatic resin line with robotic feeds is a highly complex advanced resin application system with controlled heating and drying which ensures even penetration of the resin in the microscopic holes and cracks. The manual application of the resin with drying under the sun, which most Indian suppliers of natural marbles deploy, does not and cannot match the quality achieved with the automatic resin line. Thus ensuring that the marble processed by is similar to the quality of marble processed in Europe and elsewhere.
The Company's processing units are capable of producing of 7.20 million sq. ft. of slabs per annum.In addition, it's associate company in Sri Lanka also processes 1.5 million Sq Ft of Marble Slabs per annum for exports to India.
It is strongly present in mining and processing of Granite in the State of Orissa. boasts of mining the world famous Lavender Blue and Black from Malkangiri in Orissa. The mining operation is fully mechanized with the use of three excavators and compressors. Also 18 new mining applications are at various stages of approval by the State Government. The granite mined and processed is exported to Italy, China, Taiwan, Middle East and Egypt.
The company has introduced brand of engineered marble processed on Breton Machines in over 50 Colors and patterns, imported from Italy, Spain and also from other Breton Plants, established in other countries.
It has been in business for over a decade and it is this experience and relationship that it shares with its clients and the overseas suppliers. Its processes are ISO certified and is a member of the Chemicals and Allied Products Export Promotion Council, a Government of India agency, The Associated Chamber of Commerce and Industry of India and the All India Granite and Stone Association.
Marble supplied by Oriental is preferred by well known architects, major corporate in the building and construction industry, hotels, hospitals, shopping malls, commercial, retail and residential projects. It has procured, processed and supplied marble to the major developers, contractors, hotels and institutional buyers in the Northern region including the Delhi NCR, Southern region including Banglore & Chennai, Eastern region including Kolkata and western region including Mumbai.
It has a special in-house division, to assist the hotel industry, in identifying, sourcing, procuring high-end marble under the Government of India’s special import licensing scheme (EPCG), for processing and timely supply for their projects.
Product range of the company includes:
Natural Marble
Onyx
Travertine
Marbre Oriental
Engineered Marble
Silver Star Series
Fantaisie Marble
