Support and Resistance Levels
Past performance
About Lotus Chocolate Company Ltd Lotus Chocolate Company (LCCL), founded in 1988 and now a subsidiary of Sunshine Allied Investments, Singapore, is based in Doulatabad, Andhra Pradesh. The company specializes in manufacturing cocoa and chocolate products for both the export and domestic markets. LCCL's product offerings include popular treats such as Chuckles, Supercar, and Tango Cashew, among others. The company launched its On & On sugar-coated milk chocotreat in South India and has faced challenges due to project delays, which led to accumulated losses.
LCCL has partnered with Chocolate Confectionery Consultancy, UK, for technical support and has a marketing agreement with Cocoa Specialties, Malaysia, for exporting cocoa derivatives. The company also focuses on exporting chocolates and cocoa powder to Nigeria and the USA. Despite past financial setbacks, LCCL has expanded its product line with launches like Kiddies, Pineapple Eclairs, and Malty's, gaining encouraging consumer responses.