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BASF India`s Q1 profit falls on sluggish demand, high input costs Chemicals maker BASF India on Monday reported a fall in its first-quarter profit, hurt by weak sales and higher input costs. The Indian arm of Germany's BASF said its profit for the quarter ended June 30 fell nearly 43% to 1.13 billion rupees ($13.8 million), while sale of products fell to 33.43 billion rupees from 38.58 billion rupees a year ago. For further results highlights, click. KEY CONTEXT The company has reported a fall in profit for four quarters in a row, with a con...
BASF India`s Q1 profit falls on sluggish demand, high input costs
BASF India`s Q1 profit falls on sluggish demand, high input costs
Source: Reuters
24/07/2023 2:34:26 PM
BASF India posts 45% slide in quarterly profit on sluggish sales Chemicals maker BASF India Ltd reported a 45% fall in its profit for the quarter ended March 31 on Wednesday, hurt by weak sales and a surge in input costs. The Indian arm of Germany's BASF said its profit slipped to 823.9 million rupees ($10.07 million) in the quarter, from 1.5 billion rupees a year earlier. The Mumbai-based company's sales fell to 32.5 billion rupees from 33.59 billion rupees a year ago. Its sales have been steadily declining since the start of the fiscal year...
BASF India posts 45% slide in quarterly profit on sluggish sales
BASF India posts 45% slide in quarterly profit on sluggish sales
Source: Reuters
10/05/2023 4:00:32 PM
Weekly Tech Picks - BASF India Ltd, Oracle Financial Services Software Ltd, IRB Infrastructure Developers Ltd, ICICI Prudential Life Insurance Company Ltd By Axis Securities BASF India Limited • On the daily time frame the stock has decisively broken out four months “rounding bottom formation ” at 2850 levels on a closing basis • This buying support was observed from 20 and 100 day SMA’s which remains a crucial support zone • On the daily and the weekly time frame, BASF India Limited Weekly Tech Picks 05 August,2022the stock has entered in up trend forming a series of higher tops and bottoms • The stock is well pl...
Weekly Tech Picks - BASF India Ltd, Oracle Financial Services Software Ltd, IRB Infrastructure Developers Ltd, ICICI Prudential Life Insurance Company Ltd By Axis Securities
Weekly Tech Picks - BASF India Ltd, Oracle Financial Services Software Ltd, IRB Infrastructure Developers Ltd, ICICI Prudential Life Insurance Company Ltd By Axis Securities
Source: Axis Securities Ltd
8/08/2022 12:45:03 PM
MTF Stock Pick Buy BASF India Limited For Target Rs. 4299 - HDFC Securities MTF Stock Pick Buy BASF India Limited For Target Rs. 4299 - HDFC Securities  TECHNICAL OBSERVATIONS Stock has resumed its primary uptrend after running correction . Downward Sloping trend-line breakout is seen on the daily chart Stock has been finding support on its 20 days EMA Stock has broken out from last 7 days price consolidation Price breakout is accompanied with rise in Volumes From 6th August to 11th August stock surged with significa...
MTF Stock Pick Buy BASF India Limited For Target Rs. 4299 - HDFC Securities
MTF Stock Pick Buy BASF India Limited For Target Rs. 4299 - HDFC Securities
Source: HDFC Securities Ltd
30/08/2021 3:01:20 PM
Buy BASF India Ltd For Target Rs.2,700 - Emkay Global On track for broad based growth * Q4 sales beat our estimates by 17%, supported by better-than-expected growth in Agriculture, Materials and Industrial Solutions. EBITDA was ahead by 12% mainly due to lower SG&A expenses (as % of sales), while gross margins rose slightly by 30bps yoy. * Agriculture, Industrial Solutions, Nutrition & Care and Chemicals posted strong growth of ~56%, 71%, 38%, and 62% yoy, respectively, led by rebound across end-user industries and robust pricing e...
Buy BASF India Ltd For Target Rs.2,700 - Emkay Global
Buy BASF India Ltd For Target Rs.2,700 - Emkay Global
Source: Emkay Global Financial Services Ltd
17/05/2021 10:59:55 AM
Buy BASF India Ltd For Target Rs. 1,940 - Emkay Global Capturing benefits of economic recovery; maintain Buy * Reported EBIT/PAT in Q3 were above our estimates by 130%/103%, aided by a sales beat and superior operating delivery in certain segments. Significant growth in Materials, Chemicals and Industrial divisions (35%, 25% & 66%) was driven by pent-up demand and quicker-thanexpected recovery in key end-user industries such as Auto, Consumer Durables, Paints, etc. * The company delivered the best-in-class reported EBITDA of Rs2.3bn in ...
Buy BASF India Ltd For Target Rs. 1,940 - Emkay Global
Buy BASF India Ltd For Target Rs. 1,940 - Emkay Global
Source: Emkay Global Financial Services Ltd
20/02/2021 11:18:52 AM