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Investment Pick For Diwali 2024 : Archean Chemical Industries Ltd For Target Rs. 823 By Nirmal Bang Ltd * Archean Specialty Chemicals Ltd (ACIL) is a leading specialty marine chemical manufacturer in India. It manufactures three major product categories such as bromine (Br), industrial salts (NaCl) and sulphate of potash (SOP). In addition, ACIL looks positive on account of its expansion into value added portfolio such as – i) bromine derivatives (through an acquisition of wholly owned subsisdiary, Acume Chemical Pvt Ltd.) and ii) oil & gas and drilling segment (through an acquisition...
Investment Pick For Diwali 2024 : Archean Chemical Industries Ltd For Target Rs. 823 By Nirmal Bang Ltd
Investment Pick For Diwali 2024 : Archean Chemical Industries Ltd For Target Rs. 823 By Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2024-10-29 11:58:33 am
Archean Chemical Industries Ltd For Targate Price Rs.792 - Nirmal Bang Ltd * Archean Specialty Chemicals Ltd (ACIL) is a leading specialty marine chemical manufacturer in India. It manufactures three major product categories such as bromine (Br), industrial salts (NaCl) and sulphate of potash (SOP). It has a strong clientele of 29 global and 37 domestic customers. * Leading player with limited competition: It is one of the India?s largest exporters of both bromine and industrial salts (Q1FY24: exported 48% of Br/ 100% of NaCl production) with one of the lowest c...
Archean Chemical Industries Ltd For Targate Price Rs.792 - Nirmal Bang Ltd
Archean Chemical Industries Ltd For Targate Price Rs.792 - Nirmal Bang Ltd
Source: Nirmal Bang Ltd
2023-10-02 10:03:23 am
Buy Archean Chemical Industries Ltd For Target Rs. 750 - ICICI Securities Bromine prices have dropped below 15-year low in China in Jun?23, but it has partly recovered in Aug?23. The price fall was a mix of greed, speculation and sudden drop in demand. China is undergoing destocking which may last till endCY23 as per ICL. We fundamentally like bromine producers as China is significantly dependent on imports to meet its demand, and thus, it cannot create overcapacity. Archean Chemical?s (ACI) Q1FY24 result was relatively better despite the volatility in bromine p...
Buy Archean Chemical Industries Ltd For Target Rs. 750 - ICICI Securities
Buy Archean Chemical Industries Ltd For Target Rs. 750 - ICICI Securities
Source: ICICI Securities
2023-09-15 03:47:40pm