Does anyone have an idea on Murli industries?

They are into paper products( client list seems impressive on their website - http://www.murliindustries.com/Projects.html), Solvent Extraction, Cement, Pulp, captive Power.

The co. was recently in news of selling it's cement plant and engaging Motilal Oswal for this. The plant at Chandrapura was commissioned in Mar 2010. The co. denied this on BSE/NSE and said they will come out with any announcement at appropriate time.

Last 10 years sales have grown at CAGR of 57% and they have cement plants in Rajsthan and Karnataka planned for future.

At CMP~90 The P/E is around 11+ and market cap. at Rs. 490+ cr. The leverage however is quiet high at D/E at 3.6.
They also have a land bank of 300 acres around Nagpur and have plans to demerge into 4 entities for Soya, Infrastructure, Paper, Cement to unlock value.