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Buy Clean Science and Technology For Target Rs.1,995 - JM Financial Institutional Securities Capex plans intact amid near term demand headwinds Clean Science’s 1QFY24 earnings print was weaker than our and consensus expectation. During the quarter, reported EBITDA was ~17% lower than JMFe and consensus likely on account of end-product inventory mark downs amid continued fall in its raw material prices. Currently, Clean is also facing demand challenges amid the global chemicals slowdown. Going forward, we believe that demand recovery will be gradual especially in its key prod...
Buy Clean Science and Technology For Target Rs.1,995 - JM Financial Institutional Securities
Buy Clean Science and Technology For Target Rs.1,995 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
13/08/2023 3:45:58 PM
Buy Clean Science and Technology For Target Rs.1,995 - JM Financial Institutional Securities Clean Science’s 1QFY24 earnings print was weaker than our and consensus expectation. During the quarter, reported EBITDA was ~17% lower than JMFe and consensus likely on account of end-product inventory mark downs amid continued fall in its raw material prices. Currently, Clean is also facing demand challenges amid the global chemicals slowdown. Going forward, we believe that demand recovery will be gradual especially in its key products like MEHQ, BHA, and ramp-up of HALS would also be...
Buy Clean Science and Technology For Target Rs.1,995 - JM Financial Institutional Securities
Buy Clean Science and Technology For Target Rs.1,995 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
4/08/2023 2:57:24 PM
Buy Clean Science and Technology For Target Rs.2,325 - JM Financial Institutional Securities Look beyond near-term weakness   Clean Science’s 4QFY23 EBITDA was 5% below JMFe as lower sales were partly offset by gross margin expansion and decline in power and fuel cost. GM expansion was mainly on account of quick fall of raw material prices amid relatively gradual end-product price decline. The company will have to pass on this fall in RM prices in the coming quarters. As a result, sequential margin contraction could be on the cards. However, on a full year basis, for...
Buy Clean Science and Technology For Target Rs.2,325 - JM Financial Institutional Securities
Buy Clean Science and Technology For Target Rs.2,325 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
1/06/2023 3:43:19 PM
Clean Science and Technology rises on subscribing additional stake in Clean Fino-Chem Clean Science and Technology is currently trading at Rs. 1504.50, up by 10.45 points or 0.70% from its previous closing of Rs. 1494.05 on the BSE. The scrip opened at Rs. 1496.45 and has touched a high and low of Rs. 1508.80 and Rs. 1477.80 respectively. So far 888 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1978.90 on 15-Sep-2022 and a 52 week low of Rs. 1227.45 on 31-Mar-2023. Last one week high and low of...
Clean Science and Technology rises on subscribing additional stake in Clean Fino-Chem
Clean Science and Technology rises on subscribing additional stake in Clean Fino-Chem
Source: Accord Fintech
22/05/2023 12:32:53 PM
Buy Clean Science and Technology For Target Rs.2,255 - JM Financial Institutional Securities Over the last 6-8 months, Clean Science’s stock price has corrected over ~25-27%. Hence, the stock is currently trading at 31x FY25E EPS. We believe this is because of pessimism built around overall margin contraction led by launch of HALS series of products. In our view, in FY25E, CMP is factoring in a sharp ~5% YoY EBITDA margin fall while 4% contraction is built into consensus estimates. In contrast, we believe Clean will be able to get away with 2% contraction, resulting in 26% EBIT...
Buy Clean Science and Technology For Target Rs.2,255 - JM Financial Institutional Securities
Buy Clean Science and Technology For Target Rs.2,255 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
12/04/2023 11:40:43 AM
Neutral Clean Science and Technology Ltd For Target Rs.1,345 - Motilal Oswal Guidance remains strong with healthy new product pipeline * Incorporated in CY03, CLEAN is among the few global organizations focused on developing ingenious technologies with unique, innovative and cost-effective catalytic manufacturing processes. Globally, CLEAN is the largest manufacturer of certain chemicals that have been developed in-house. * We visited the company’s Kurkumbh plant on 17th Mar’23, followed by a management meeting with Mr. Siddhartha Sikchi, ED, and Mr....
Neutral Clean Science and Technology Ltd For Target Rs.1,345 - Motilal Oswal
Neutral Clean Science and Technology Ltd For Target Rs.1,345 - Motilal Oswal
Source: Motilal Oswal
22/03/2023 12:31:12 PM
Clean Science and Technology shines on commercializing plant to manufacture HALS series Clean Science And Technology is currently trading at Rs. 1535.85, up by 33.50 points or 2.23% from its previous closing of Rs. 1502.35 on the BSE. The scrip opened at Rs. 1518.95 and has touched a high and low of Rs. 1538.55 and Rs. 1510.00 respectively. So far 5408 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2698.25 on 04-Jan-2022 and a 52 week low of Rs. 1441.00 on 06-Jul-2022. Last one week high and low o...
Clean Science and Technology shines on commercializing plant to manufacture HALS series
Clean Science and Technology shines on commercializing plant to manufacture HALS series
Source: Accord Fintech
18/11/2022 11:29:34 AM
Hold Clean Science and Technology Ltd For Target Rs.1540 - ICICI Securities Ltd HALS launch to drive growth from Q3FY22 Clean Science and Technology’s (Clean Science) Q2FY23 EBITDA margin at 39.4% was up only 40bps QoQ despite softening raw material costs due to drop in PBQ prices, while new products launched by the company have relatively lower margins. Company plans for launch of ‘hindered amine light stabilisers’ (HALS) in Q3FY23 with complete backward integration, but believes margin optimisation may take time. Hence margin may remain stable at c...
Hold Clean Science and Technology Ltd For Target Rs.1540 - ICICI Securities Ltd
Hold Clean Science and Technology Ltd For Target Rs.1540 - ICICI Securities Ltd
Source: ICICI Securities Ltd
28/10/2022 12:43:35 PM
Buy Clean Science and Technology Ltd For Target Rs.2485 - JM Financial Institutional Securities Limited Minor blip; long-term growth story intact In 2QFY23, Clean Science’s reported revenue growth was 3% below our estimates on account of sequential decline in pharma and agro chemical segment sales. Gross margin saw a decent improvement driven by i) product mix and higher realisation, and ii) softer raw material prices. However, on account of sharp jump in other expenses, EBITDA was 6% below our expectation (still 3% above consensus). Clean’s much-awaited HALS series of products a...
Buy Clean Science and Technology Ltd For Target Rs.2485 - JM Financial Institutional Securities Limited
Buy Clean Science and Technology Ltd For Target Rs.2485 - JM Financial Institutional Securities Limited
Source: JM Financial Institutional Securities Ltd
26/10/2022 12:36:58 PM
Neutral Clean Science and Technology Ltd For Target Rs.1,660 - Motilal Oswal Focus on R&D and green chemistry… …to have sustainable earnings impact Clean Science (CLEAN)’s FY22 Annual Report highlights its vision to explore growth and expansion opportunities by focusing on process innovation in sync with products. Launch of new products, capacity expansion of existing products and foray into new product segments backed by a strong R&D pipeline will surely propel CLEAN into its next leg of growth. We maintain our Neutral rating on the ...
Neutral Clean Science and Technology Ltd For Target Rs.1,660 - Motilal Oswal
Neutral Clean Science and Technology Ltd For Target Rs.1,660 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
22/08/2022 8:47:31 AM
Neutral Clean Science and Technology Ltd For Target Rs.1,660 - Motilal Oswal Focus on R&D and green chemistry… to have sustainable earnings impact Clean Science (CLEAN)’s FY22 Annual Report highlights its vision to explore growth and expansion opportunities by focusing on process innovation in sync with products. Launch of new products, capacity expansion of existing products and foray into new product segments backed by a strong R&D pipeline will surely propel CLEAN into its next leg of growth. We maintain our Neutral rating on the stock wi...
Neutral Clean Science and Technology Ltd For Target Rs.1,660 - Motilal Oswal
Neutral Clean Science and Technology Ltd For Target Rs.1,660 - Motilal Oswal
Source: Motilal Oswal Financial Services
20/08/2022 9:10:38 AM
Five newly-listed firms with good long-term prospects  Clean Science and Technology, Data Patterns (India), Heranba Industries, Latent View Analytics, Medplus Health Services are the top five recently-listed stocks which have good long-term growth potential, said brokerage house Religare Broking. The brokerage house sees 25-31 per cent upside in these stocks. Clean Science and Technology is one of the specialty chemical companies which has a strong presence in global markets and it focuses entirely on developing newer technologies whi...
Five newly-listed firms with good long-term prospects
Five newly-listed firms with good long-term prospects
Source: IANS
28/03/2022 8:41:04 PM
Neutral Clean Science Ltd For Target Rs.1,800 - Motilal Oswal Richer prospects to aid growth, but rich valuations to cap upside * Clean Science (CSTL) reported revenue in line with our estimate; however, higher operating expenditure led to a miss on EBITDA (margin at 44.9% v/s 50.1% in 2QFY21 and 48.8% in 1QFY22). The Performance segment aided the quarter, while Pharma and FMCG Chemicals suffered on lower volumes and realization. * The company took some amount of price increase (7–10%) at end-2QFY22, with the benefits likely to accrue in 3QF...
Neutral Clean Science Ltd For Target Rs.1,800 - Motilal Oswal
Neutral Clean Science Ltd For Target Rs.1,800 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
14/12/2021 12:14:27 PM
Buy Clean Science and Technology Ltd For Target Rs.1,700 - Motilal Oswal Novel chemistry at play * Clean Science and Technology (CSTL) recently concluded its IPO via an offer for sale of INR15.5b, priced at INR900/share. Post the IPO the promoter shareholding stands at 78.5%. * CSTL has emerged as the global leader in most of its product categories on the back of niche product offerings catering to polymer inhibitors / superabsorbents, anti-oxidants for the Food/Feed industry, pharma, home, and personal care. It has further bolstered its value chain through ...
Buy Clean Science and Technology Ltd For Target Rs.1,700 - Motilal Oswal
Buy Clean Science and Technology Ltd For Target Rs.1,700 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
17/09/2021 11:36:51 AM
Perspective on Clean Science and Technology Ltd (CSTL) IPO Listing By Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd Below is Perspective on Clean Science and Technology Ltd (CSTL) IPO Listing By Mr. Siddhartha Khemka, Head - Retail Research, Broking & distribution, Motilal Oswal Financial Services Ltd “Clean Science and Technology Ltd (CSTL) has a stellar listing on the exchanges today with 78% premium at Rs1,600/share against its issue price of Rs900/share. It had seen an overwhelming subscription of 93x, given its leadership in niche green chemicals. CSTL is one of the le...
Perspective on Clean Science and Technology Ltd (CSTL) IPO Listing By Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
Perspective on Clean Science and Technology Ltd (CSTL) IPO Listing By Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
19/07/2021 1:57:23 PM
IPO Note - Clean Science and Technology Ltd By LKP Securities CLEAN SCIENCE AND TECHNOLOGY LIMITED Incorporated in 2003, Clean Science and Technology Private Limited (CSTL) is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost competitive. This has enabled them to emerge as the largest manufacturer globally of certain specialty chemicals in terms of installed manufacturing capacities. Some of these technologies have been developed and commercialized fo...
IPO Note - Clean Science and Technology Ltd By LKP Securities
IPO Note - Clean Science and Technology Ltd By LKP Securities
Source: LKP Securities Ltd
7/07/2021 10:49:35 AM
IPO Note - Clean Science & Technology Ltd By Nirmal Bang Company Overview Clean Science & Technology Ltd (CSTL) manufactures functionally critical specialty chemicals such as Performance Chemicals (i.e. MEHQ, BHA and AP), Pharmaceutical Intermediates (i.e. Guaiacol and DCC), and FMCG Chemicals (i.e. 4-MAP and Anisole). It is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost competitive. This has enabled the company to emerge as the largest ma...
IPO Note - Clean Science & Technology Ltd By Nirmal Bang
IPO Note - Clean Science & Technology Ltd By Nirmal Bang
Source: Nirmal Bang Ltd
7/07/2021 8:56:12 AM
IPO Note - Clean Science and Technology Ltd By Geojit Financial A Pioneer in in-house specialty chemical manufacturing… Clean Science and Technology Ltd (CSTL), incorporated on November 7, 2003 in Pune, Maharashtra is one of the fastest growing and among the most profitable specialty chemical manufacturing companies globally, with innovative chemical processes developed in-house. CSTL manufactures functionally critical specialty chemicals such as Performance Chemicals, Pharmaceutical Intermediates and FMCG Chemicals. CSTL has two manufacturing f...
IPO Note - Clean Science and Technology Ltd By Geojit Financial
IPO Note - Clean Science and Technology Ltd By Geojit Financial
Source: Geojit Financial Services Ltd
6/07/2021 11:45:35 AM
IPO Note - Clean Science and Technology Ltd By Choice Broking Salient features of the IPO: * Clean Science and Technology Ltd. (CSTL), incorporated in 2003, is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes which are ecofriendly and cost competitive. * Within 17 years of incorporation, the company has grown to be the largest manufacture globally of MEHQ, BHA, Anisole and 4-MAP in term of installed capacity.   Valuation: At the higher price band of Rs900, the ...
IPO Note - Clean Science and Technology Ltd By Choice Broking
IPO Note - Clean Science and Technology Ltd By Choice Broking
Source: Choice Broking
5/07/2021 10:45:52 AM