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Buy PCBL Ltd For Target Rs.180 - ICICI Direct Steady quarter, growth to accelerate going forward…   About the stock: PCBL Ltd (erstwhile Phillips Carbon Black) is the leading manufacturer of carbon black, which is used as a reinforcing material in tyres. * PCBL also derives ~9% of sales volume from speciality carbon black, which fetches high margins and finds application in paints, plastics among others * It has a healthy margin profile, capital efficient business model (RoCE>15%) with limited leverage on b/s (...
Buy PCBL Ltd For Target Rs.180 - ICICI Direct
Buy PCBL Ltd For Target Rs.180 - ICICI Direct
Source: ICICI Direct
1/06/2023 1:25:29 PM
PCBL gains as its arm commences pre-commissioning trial run at Tamil Nadu facility PCBL is currently trading at Rs. 112.25, up by 0.30 points or 0.27% from its previous closing of Rs. 111.95 on the BSE. The scrip opened at Rs. 113.75 and has touched a high and low of Rs. 113.85 and Rs. 111.95 respectively. So far 30195 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 153.75 on 16-Sep-2022 and a 52 week low of Rs. 94.55 on 11-May-2022. Last one week high and low of the scrip stood at Rs. 116.30 ...
PCBL gains as its arm commences pre-commissioning trial run at Tamil Nadu facility
PCBL gains as its arm commences pre-commissioning trial run at Tamil Nadu facility
Source: Accord Fintech
21/03/2023 4:00:30 PM
PCBL inches up on commissioning green power plant at Kochi PCBL is currently trading at Rs. 143.20, up by 0.55 points or 0.39% from its previous closing of Rs. 142.65 on the BSE. The scrip opened at Rs. 143.00 and has touched a high and low of Rs. 144.25 and Rs. 142.70 respectively. So far 2123 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 153.75 on 16-Sep-2022 and a 52 week low of Rs. 89.03 on 24-Feb-2022. Last one week high and low of the scrip stood at Rs. 144.50 a...
PCBL inches up on commissioning green power plant at Kochi
PCBL inches up on commissioning green power plant at Kochi
Source: Accord Fintech
2/12/2022 10:39:21 AM
Buy PCBL Ltd For Target Rs.170 - ICICI Direct Steady performance, base case valuations to prevail… About the stock: PCBL Ltd (erstwhile Phillips Carbon Black) is the leading manufacturer of carbon black, which is used as a reinforcing material in tyres. * PCBL also derives ~9% of sales volume from speciality carbon black, which fetches high margins and finds application in paints, plastics among others * It has a healthy margin profile, capital efficient business model (RoCE>15%) with limited leverage on b/s (~0.3x deb...
Buy PCBL Ltd For Target Rs.170 - ICICI Direct
Buy PCBL Ltd For Target Rs.170 - ICICI Direct
Source: ICICI Direct Ltd
31/10/2022 12:09:49 PM
India`s PCBL posts 4.9% fall in second-quarter profit on rise in total expenses  Indian carbon black maker PCBL Ltd reported a 4.9% fall in second-quarter profit on Wednesday, as higher costs offset robust sales of the tire strengthening material. A spike in crude oil prices following the Russia-Ukraine war and accompanying inflationary pressures have resulted in increased costs of production for carbon black. Profit fell to 1.16 billion Indian rupees in the three months to Sept. 30 from 1.22 billion rupees a year earlier. Overall revenue rose 52.4% to 16.2...
India`s PCBL posts 4.9% fall in second-quarter profit on rise in total expenses
India`s PCBL posts 4.9% fall in second-quarter profit on rise in total expenses
Source: Reuters
26/10/2022 3:02:02 PM
High Conviction Idea: Buy Phillips Carbon Black Ltd For Target Rs.306- Religare Broking Strong leadership and expansion will drive growth Established in 1960, Phillips Carbon Black Ltd (PCBL) is an integral part of the RP-Sanjiv Goenka Group. Over the decades, they have built scale, expanded global footprint and set up world-class R&D facilities to address diverse customer requirements. At present, they are the largest carbon black manufacturer in India with 603,000 MT of annual production capacity. Also, it has four strategically located state-of-the-art plants at Durgap...
High Conviction Idea: Buy Phillips Carbon Black Ltd For Target Rs.306- Religare Broking
High Conviction Idea: Buy Phillips Carbon Black Ltd For Target Rs.306- Religare Broking
Source: Religare Broking Ltd
16/09/2022 11:36:35 AM
Buy Phillips Carbon Black Ltd For Target Rs. 157 - SKP Securities Ltd Company Background & Product Highlights PCBL (formerly Phillips Carbon Black Ltd.), incorporated in 1960 in collaboration with Phillips Petroleum Company, is a part of RP-Sanjiv Goenka Group. It is the largest manufacturer of carbon black (CB) in India (~10% market share in Asia-ex China) and seventh largest in the world, having an aggregate installed capacity of 6,03,000 MTPA and co-generation power capacity of 91 MW spread over four locations viz. Durgapur (W.B.), Palej and Mundra (G...
Buy Phillips Carbon Black Ltd For Target Rs. 157 - SKP Securities Ltd
Buy Phillips Carbon Black Ltd For Target Rs. 157 - SKP Securities Ltd
Source: SKP Securities Ltd
30/08/2022 4:43:19 PM
PCBL Q1 net profit up 20.71% at Rs 125.91 cr The company reported standalone net profit of Rs 125.91 crore for the quarter ended June 30, 2022 as compared to Rs 104.31 crore in the same period last year, registering a year-on-year growth of 20.71 per cent. Net revenue of the company rose substantially by 40.37 per cent at Rs 1,409.07 crore in April-June quarter of this fiscal as against Rs 1,003.85 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 44.48 per cent to Rs 1,213.54 cro...
PCBL Q1 net profit up 20.71% at Rs 125.91 cr
PCBL Q1 net profit up 20.71% at Rs 125.91 cr
Source: Dion Global Solutions Ltd
21/07/2022 3:54:13 PM
Buy Phillips Carbon Black Ltd For Target Rs.170 - ICICI Securities Carbon black on the cusp of an upcycle? PCBL’s Q4FY22 EBITDA disappointed on higher other expenses, but gross profit/kg improved QoQ which is good. PCBL’s management sounded bullish on the carbon black cycle with favourable demand supply, and anticipates an upside risk to both volumes and spreads in the coming period. It sees 10ktpa incremental volumes in specialty; post Chennai plant commissioning, it anticipates overall incremental volume growth of >50ktpa. It also sees th...
Buy Phillips Carbon Black Ltd For Target Rs.170 - ICICI Securities
Buy Phillips Carbon Black Ltd For Target Rs.170 - ICICI Securities
Source: ICICI Securities Ltd
23/04/2022 9:39:08 AM
Buy Phillips Carbon Black Ltd For Target Rs.160 - ICICI Direct On well charted growth path, healthy gains ahead… About the stock: PCBL Ltd (erstwhile Phillips Carbon Black) is the leading manufacturer of carbon black, which is used as a reinforcement material in tyres PCBL also derives ~8% of sales volume from speciality carbon black, which fetches high margins and finds application in paints, plastics among others It has a healthy margin profile (15%+), a capital efficient business model (RoCE>15%) with limited leverage on b/s (~0.3x ...
Buy Phillips Carbon Black Ltd For Target Rs.160 - ICICI Direct
Buy Phillips Carbon Black Ltd For Target Rs.160 - ICICI Direct
Source: ICICI Direct
21/04/2022 12:09:10 PM
Buy Phillips Carbon Black Ltd For Target Rs.361 - SKP Securities Company Background & Product Highlights PCBL (formerly Phillips Carbon Black Ltd.), incorporated in 1960 in collaboration with Phillips Petroleum Company, is a part of RP-Sanjiv Goenka Group. It is the largest manufacturer of carbon black (CB) in India (~10% market share in Asia-ex China) and seventh largest in the world, having an aggregate installed capacity of 6,03,000 MTPA and co-generation power capacity of 84 MW spread over four locations viz. Durgapur (W.B.), Palej and Mundra (G...
Buy Phillips Carbon Black Ltd For Target Rs.361 - SKP Securities
Buy Phillips Carbon Black Ltd For Target Rs.361 - SKP Securities
Source: SKP Securities Ltd
9/02/2022 10:31:46 AM
Buy Phillips Carbon Black Ltd For Target Rs.294 - ICICI Securities Spreads shrink from multiple factors PCBL’s Q3FY22 gross profit/kg disappointed with a decline of 10.5% QoQ to Rs27.1 on higher exports mix, higher freight cost and lower raw material inflation pass-through to non-tyre carbon black users. Domestic demand was weak, and volumes declined 9.7% YoY on subdued demand for tyres. Additional exports volumes were tactical sales to keep higher capacity utilisation. Volume growth in specialty remains encouraging, and new power capacity addition ...
Buy Phillips Carbon Black Ltd For Target Rs.294 - ICICI Securities
Buy Phillips Carbon Black Ltd For Target Rs.294 - ICICI Securities
Source: ICICI Securities Ltd
27/01/2022 10:56:43 AM
Buy Phillips Carbon Black Ltd For Target Rs.300 - ICICI Securities Recalibrated + re-innovated + structural tailwinds We initiate coverage on PCBL with a BUY rating and target price of Rs300, valuing the stock at 12x FY24E PE. PCBL has recalibrated after challenging times till FY14. It is strengthening its business model; re-innovated with an emphasis on R&D, and is seeing structural tailwind from reduced China concern. PCBL is adding greenfield capacity after a decade, which shows growing management confidence in the business. It has introduced speci...
Buy Phillips Carbon Black Ltd For Target Rs.300 - ICICI Securities
Buy Phillips Carbon Black Ltd For Target Rs.300 - ICICI Securities
Source: ICICI Securities Ltd
1/01/2022 11:15:47 AM
Stock Picks - Buy Phillips Carbon Black Ltd For Target Rs.264 - ICICI Direct Technical Observations * The stock has registered a resolute breakout above bullish inverse head & shoulder pattern supported by strong volume signaling resumption of up move and offers fresh entry opportunity * The base of the last two months consolidation is placed at the 200 days EMA (currently placed at | 222) signaling a overall positive price structure * Going ahead we expect the stock to extent its up move and head higher towards | 264 levels being the 80% retracement...
Stock Picks - Buy Phillips Carbon Black Ltd For Target Rs.264 - ICICI Direct
Stock Picks - Buy Phillips Carbon Black Ltd For Target Rs.264 - ICICI Direct
Source: ICICI Direct
31/12/2021 11:46:02 AM
High Conviction Idea - Buy Phillips Carbon Black Ltd For Target Rs.306 - Religare Broking Strong leadership and expansion will drive growth Established in 1960, Phillips Carbon Black Ltd (PCBL) is an integral part of the RP-Sanjiv Goenka Group. Over the decades, they have built scale, expanded global footprint and set up world-class R&D facilities to address diverse customer requirements. At present, they are the largest carbon black manufacturer in India with 603,000 MT of annual production capacity. Also, it has four strategically located state-of-the-art plants at Dur...
High Conviction Idea - Buy Phillips Carbon Black Ltd For Target Rs.306 - Religare Broking
High Conviction Idea - Buy Phillips Carbon Black Ltd For Target Rs.306 - Religare Broking
Source: Religare Broking Ltd
13/09/2021 10:21:20 AM
Key News - KEC International Ltd, Phillips Carbon Black Ltd, Bharti Airtel Ltd, Steel Authority of India Ltd, Nazara Technologies Ltd, Marico Ltd By ARETE Securities Key News KEC International to double civil business revenue to Rs 2,000 cr in FY22 With strong visibility for metro projects and government spending, KEC International is looking to double its civil business segment to Rs 2,000 crore in FY22. “We have six metro projects with us along with large water pipeline projects and construction orders from airports, oil&gas and data centers sections which assures us of doubling of topline this fiscal,” Vimal Kejriwal, managing dir...
Key News - KEC International Ltd, Phillips Carbon Black Ltd, Bharti Airtel Ltd, Steel Authority of India Ltd, Nazara Technologies Ltd, Marico Ltd By ARETE Securities
Key News - KEC International Ltd, Phillips Carbon Black Ltd, Bharti Airtel Ltd, Steel Authority of India Ltd, Nazara Technologies Ltd, Marico Ltd By ARETE Securities
Source: ARETE Securities Ltd
30/08/2021 9:03:32 AM
Buy Phillips Carbon Black Ltd For Target Rs. 330 - ICICI Direct Steady show, inexpensive valuations, value play… About the stock: Phillips Carbon Black (PCBL) is the leading manufacturer of carbon black, which is essentially used as a reinforcing material for manufacturing tyres. * PCBL also derives ~6% of sales volume from speciality carbon black, which fetches high margins and finds application in paints, plastics among others * It realises healthy margin profile (15%+), has a capital efficient business model (RoCE>15%) with limit...
Buy Phillips Carbon Black Ltd For Target Rs. 330 - ICICI Direct
Buy Phillips Carbon Black Ltd For Target Rs. 330 - ICICI Direct
Source: ICICI Direct
9/08/2021 10:10:30 AM
Buy Phillips Carbon Black Ltd For Target Rs. 315 - SKP Securities Company Background & Product Highlights Phillips Carbon Black Limited (PCBL), incorporated in 1960 in collaboration with Phillips Petroleum Company, is a part of RP-Sanjiv Goenka Group. It is the largest manufacturer of carbon black (CB) in India (~10% market share in Asia-ex China) and seventh largest in the world, having an aggregate installed capacity of 6,03,000 MTPA and co-generation power capacity of 84 MW spread over four locations viz. Durgapur (W.B.), Palej and Mundra (Gujarat...
Buy Phillips Carbon Black Ltd For Target Rs. 315 - SKP Securities
Buy Phillips Carbon Black Ltd For Target Rs. 315 - SKP Securities
Source: SKP Securities
29/07/2021 2:59:19 PM
MTF Stock Pick Buy Phillips Carbon Black Ltd For Target Rs. 320 - HDFC Securities MTF Stock Pick Buy Phillips Carbon Black Ltd For Target Rs. 320 - HDFC Securities  TECHNICAL OBSERVATIONS * Stock price has broken out on the daily and weekly chart with higher volumes. * Short term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA * Oscillators like RSI and MFI is showing strength in the current uptrend * Plus, DI is trading above -DI while ADX line is placed above 25 Indicating momentum in the curre...
MTF Stock Pick Buy Phillips Carbon Black Ltd For Target Rs. 320 - HDFC Securities
MTF Stock Pick Buy Phillips Carbon Black Ltd For Target Rs. 320 - HDFC Securities
Source: HDFC Securities Ltd
28/07/2021 11:45:11 AM
Stock Picks - Buy Phillips Carbon Black Ltd For Target Rs. 255 - ICICI Direct Technical Observations * The stock has generated a short term trend line breakout joining recent highs signaling resumption of primary up trend that offers fresh entry opportunity * Key point to highlight since May 2020 is that the 50 days EMA acted as a strong support and subsequently staged a pullback, indicating elevated buying demand. In current scenario as well, higher base formed above 50 days EMA, highlighting inherent strength * We expect stock to resolve higher and grad...
Stock Picks - Buy Phillips Carbon Black Ltd For Target Rs. 255 - ICICI Direct
Stock Picks - Buy Phillips Carbon Black Ltd For Target Rs. 255 - ICICI Direct
Source: ICICI Direct
6/07/2021 11:13:36 AM
Technical Positional Pick - Buy Phillips Carbon Black Ltd For Target Rs. 265 - HDFC Securities Technical Positional Pick - Buy Phillips Carbon Black Ltd For Target Rs. 265- HDFC Securities  Stock price has broken out on the daily and weekly chart with higher volumes. Short term trend of the stock is positive where it is trading above its 5 and 20 and 50 day EMA. Oscillators like RSI and MFI is showing strength in the stock. Plus DI is trading above Minus DI, Indicating strength in the current uptrend. Considering the Technical evidences discussed abov...
Technical Positional Pick - Buy Phillips Carbon Black Ltd For Target Rs. 265 - HDFC Securities
Technical Positional Pick - Buy Phillips Carbon Black Ltd For Target Rs. 265 - HDFC Securities
Source: HDFC Securities Ltd
18/05/2021 1:20:25 PM
Buy Phillips Carbon Black Ltd For Target Rs. 290 - SKP Securities Company Background & Product Highlights Phillips Carbon Black Limited (PCBL), incorporated in 1960 in collaboration with Phillips Petroleum Company, is a part of RP-Sanjiv Goenka Group. It is the largest manufacturer of carbon black (CB) in India (~10% market share in Asia-ex China) and seventh largest in the world, having an aggregate installed capacity of 6,03,000 MTPA and co-generation power capacity of 76 MW spread over four locations viz. Durgapur (W.B.), Palej and Mundra (Gujarat...
Buy Phillips Carbon Black Ltd For Target Rs. 290 - SKP Securities
Buy Phillips Carbon Black Ltd For Target Rs. 290 - SKP Securities
Source: SKP Securities Ltd
29/04/2021 10:08:38 AM
Buy Phillips Carbon Black Ltd : Stable performance, inexpensive valuation merit BUY - ICICI Direct Buy Phillips Carbon Black Ltd For Target Rs.260 Stable performance, inexpensive valuation merit BUY Phillips Carbon Black (PCBL) reported a steady performance in Q4FY21. Net sales for the quarter were at | 867 crore, up 24% YoY. Carbon black sales volume came in at 113,022 tonne (up 14.4% YoY) with consequent realisation at | 75/kg vs. | 65/kg in Q3FY21. EBITDA in Q4FY21 was at | 186 crore (EBITDA margins at 21.5%) with EBITDA/tonne at ~| 16,500/tonne (flat QoQ). PAT for the quarter was...
Buy Phillips Carbon Black Ltd : Stable performance, inexpensive valuation merit BUY - ICICI Direct
Buy Phillips Carbon Black Ltd : Stable performance, inexpensive valuation merit BUY - ICICI Direct
Source: ICICI Direct
23/04/2021 10:16:28 AM
Phillips Carbon Black gains on reporting 76% rise in Q4 consolidated net profit Phillips Carbon Black is currently trading at Rs. 208.00, up by 0.40 points or 0.19% from its previous closing of Rs. 207.60 on the BSE. The scrip opened at Rs. 207.60 and has touched a high and low of Rs. 211.50 and Rs. 201.30 respectively. So far 209314 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 217.65 on 10-Mar-2021 and a 52 week low of Rs. 68.35 on 19-May-2020. Last one week high and low of the scrip st...
Phillips Carbon Black gains on reporting 76% rise in Q4 consolidated net profit
Phillips Carbon Black gains on reporting 76% rise in Q4 consolidated net profit
Source: Accord Fintech
22/04/2021 12:16:00 PM
Buy Phillips Carbon Black Ltd For Target Rs.243 - SKP Securities Company Background & Product Highlights Phillips Carbon Black Limited (PCBL), incorporated in 1960, in collaboration with Phillips Petroleum Company, is a part of RP-Sanjiv Goenka Group. It is the largest manufacturer of carbon black (CB) in India (~10% market share in carbon black in Asia-ex China) and seventh largest in the world, having an aggregate installed capacity of 5,71,000 MTPA and cogeneration power capacity of 76 MW spread over four locations viz. Durgapur (W.B.), Palej &am...
Buy Phillips Carbon Black Ltd For Target Rs.243 - SKP Securities
Buy Phillips Carbon Black Ltd For Target Rs.243 - SKP Securities
Source: SKP Securities Ltd
11/02/2021 11:08:12 AM
Stock Picks - Buy Phillips Carbon Black Ltd For Target Of Rs. 220 - ICICI Direct Technical Observations * The stock has been consolidating above the three years falling trend line breakout area of | 180, indicating conclusion of major corrective phase that in turn signifies resumption of primary up trend. Thereby, offering fresh entry opportunity with favourable risk reward * We believe, stock has formed a higher base around | 188 as it is confluence of : * A) Rising trend line drawn adjoining March-May lows of | 54- 68, placed at | 185 • B) 10 weeks EMA whi...
Stock Picks - Buy Phillips Carbon Black Ltd For Target Of Rs. 220 - ICICI Direct
Stock Picks - Buy Phillips Carbon Black Ltd For Target Of Rs. 220 - ICICI Direct
Source: ICICI Direct
5/02/2021 11:39:52 AM
Buy Phillips Carbon Black Ltd For Target Rs.210 - ICICI Direct ADD ruled out, fundamental demand drivers stay intact In a recent notification, the Ministry of Finance has denied extension of antidumping duty (ADD) on imports of carbon black (used for rubber application) into India largely from China & Russia. It is amid the Commerce Ministry proposing an extension of ADD. This comes as a negative surprise to us but does not change any business dynamics for the domestic carbon black players, as of now, including industry leader Phillips Carbon Bla...
Buy Phillips Carbon Black Ltd For Target Rs.210 - ICICI Direct
Buy Phillips Carbon Black Ltd For Target Rs.210 - ICICI Direct
Source: ICICI Direct
25/01/2021 12:55:38 PM