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WeareBansal
Dec 9, 2021 5:11 AM

Advenzymes CMP 346 Long

ADVANCED ENZYME TENSE

Description

Advanced Enzyme - Perfect reversal from strong supp0rt near 300. & Possible tgt 390,500,700

-Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes.
-The company manufactures and markets over 400+ proprietary products developed from over 70 enzymes and probiotics
-Human Healthcare (75% of revenues)
-Animal Nutrition (13% of revenues)
-Presently, the company earns 43% of its revem India, followed by Americas (42%), Europe (7%) and Rest of world (8%)
-It has increased its R&D spending from ~3% of turnover in FY18 to ~5% of turnover in FY20
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