News

India's SRF posts fifth straight drop in quarterly profit Indian chemicals and polymers maker SRF posted a drop in profit for the fifth quarter in a row on Tuesday, hurt by sustained weak demand in its mainstay chemicals business. SRF's chemical business, which consists of specialty chemicals, fluorochemicals and agrochemicals among others, contributes half the company's quarterly revenue. WHY IT'S IMPORTANT The chemical industry has been grappling with high inventory and destocking for the past few quarters, leading to continuo...
India's SRF posts fifth straight drop in quarterly profit
India's SRF posts fifth straight drop in quarterly profit
Source: Reuters
2024-05-07 04:33:57 pm
J.G.Chemicals Limited IPO debut on the exchange Shares of J.G.Chemicals Limited made its debut on the exchange. The scrip listed Rs 211 per share on BSE and Rs 209 per share on NSE. The company's share price closed at Rs 184.65 per share on the BSE and at Rs 183.70 per share on the NSE. As per NSE, the total quantity traded stood at 78.12 lakh shares, on BSE the total Quantity stood at 5.01 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 164.45 crore. The Market Capitalization of the Company at today’s closing...
J.G.Chemicals Limited IPO debut on the exchange
J.G.Chemicals Limited IPO debut on the exchange
Source: PR Agency
2024-03-13 06:27:54 pm
Chemicals Sector Update : Earnings upgrades still seem far away By JM Financial In 2QFY24, most chemical companies under our coverage are likely to register flattish sequential sales growth; PI Industries, Deepak Nitrite, and Aether Industries will be the outliers. PI will have the advantage of the first full quarter of the pharma acquisition and likely continued momentum in pyroxasulfone. Deepak Nitrite will benefit from recovery in phenolic spreads and improvement in the standalone business. For SRF, both refrigerant gas and fluoro specialty chemicals sales are li...
Chemicals Sector Update : Earnings upgrades still seem far away By JM Financial
Chemicals Sector Update : Earnings upgrades still seem far away By JM Financial
Source: JM Financial Institutional Securities Ltd
2023-10-07 10:43:06 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