CHEMICALS
Acre ARC sells Nagarjuna Fertilizers and Chemicals debt to AM Green for ₹1,685 cr Nagarjuna Fertilizers has successfully cleared its massive debt, positioning itself for a potential merger with AM Green to optimize brand and distribution synergies. The unresolved sale issues of its plant and business loom large, impacting the tra...
03 Jul, 2024, 09.08 PM ISTPetro Carbon and Chemicals stock lists with 75% premium over IPO price Petro Carbon and Chemicals, under the Atha Group, dominates the B2B market by supplying calcined petroleum coke to a wide range of industries, ensuring high-quality carbon anodes for aluminum smelting. Its strategic growth through vertical integrati...
02 Jul, 2024, 11.02 AM ISTStocks in news: Patanjali Foods, IOL Chemicals, Carysil, Tata Steel, Coal India Coal India's coal production rose 8% to 189.3 million tonnes in the first quarter. Patanjali Foods approved the acquisition of the home and personal care business. DCX Systems received a Rs 1,250 crore order.
02 Jul, 2024, 06.42 AM IST- ADVERTISEMENT
Assam's Namrup to get two nano urea plants: Sarbananda Sonowal Union Minister Sarbananda Sonowal met with Union Minister JP Nadda to discuss expanding the Brahmaputra Valley Fertiliser Corporation Ltd in Namrup. Sonowal urged Nadda to expedite Nano Urea Plant projects within the BVFCL compound. Nadda assured a ...
01 Jul, 2024, 09.38 PM ISTNeogen Chemicals promoter sells 5.6% stake Kanani sold 14.95 lakh shares at 1,611.14 each. Shares of Neogen Chemicals closed at 1,592.85 on Friday after a decline of 4.76%
29 Jun, 2024, 10.05 AM ISTStocks in news: HCL Tech, Polycab, SAMHI Hotels, Archean Chemical, Ambuja Cement Sagar Cements re-appointed S Anand Reddy as Managing Director and S Sreekanth Reddy as Joint Managing Director of the company for a period of three 3 years.
28 Jun, 2024, 07.00 AM ISTGoldman Sachs buys 6.28 lakh shares of Archean Chemical worth Rs 41 crore via block deal The stock has returned 21% over the last year, underperforming the Nifty's 28%. However, it's currently trading above both its 50-day and 200-day moving averages, suggesting positive momentum.
28 Jun, 2024, 12.08 AM IST6 chemical stock ideas with upside potential of up to 100% InCred Equities advises on chemical stocks with significant upside potential, emphasizing safety through support reversals or breakout retests amidst market uncertainties.
27 Jun, 2024, 10.06 AM ISTAditya Birla Group’s chemical ops to foray in US with USD 50 million investment The Aditya Birla Group is already present in the US through Hindalco Industries-owned Novelis Inc and Aleris Inc, and Georgia-based Birla Carbon. It currently has an investment of more than $15 billion in businesses in the US, and is the largest Ind...
26 Jun, 2024, 07.50 PM ISTBrokerage View: Chemical stocks ripe for fresh up-cycle “These stocks have either reversed from a long-term support or made a multiyear breakout retest which make them quite safe as compared to the stocks which are witnessing a breakout which can fail if the markets correct,” said InCred’s VP, Gaurav Bis...
26 Jun, 2024, 06.10 AM ISTGST council refers Par panel recos to cut GST on fertiliser to Group of Ministers Talking to reporters after the 53rd GST council meeting, Keshav said the proposal to reduce the GST rate on fertilisers has been referred to the Group of Ministers (GoM). The issue of further reduction of tax on fertilisers was placed before the GST...
24 Jun, 2024, 11.30 AM ISTTata Chemicals, Chambal Fertilisers & Chemicals among 5 stocks with short buildup21 Jun, 2024, 01.42 PM IST DCM Shriram inks pact with ICT for R&D in chemical industry DCM Shriram Ltd has signed a memorandum of understanding with Mumbai's Institute of Chemical Technology (ICT) to boost research and development in the chemical industry. The partnership focuses on specialised R&D projects in chemical engineering, ep...
28 May, 2024, 03.42 PM ISTIndia's chemicals market to hit $29.7 bn in 2024, set for steady growth with 3.26% CAGR through 2029 India's chemicals market, valued at USD 220 billion in 2023, is projected to grow to USD 383 billion by 2030, with an 8.1% CAGR. This sector, currently the sixth largest globally by sales, has attracted USD 21.7 billion in FDI from April 2000 to Sep...
25 May, 2024, 02.39 PM ISTL&T dispatches ethylene oxide reactors to China Infrastructure major Larsen & Toubro (L&T) on Wednesday said it has dispatched the world's heaviest ethylene oxide reactors -- a crucial component in petrochemical plants -- to China. The reactors were dispatched by the heavy engineering vertical of...
22 May, 2024, 01.17 PM ISTSRF expects demand-supply imbalance, margin pressures in BOPET to continue SRFLimited, an Indian chemicals business, anticipates ongoing demand-supply imbalances and margin pressures in the BOPET sector in the short to medium term, according to a stock exchange filing. However, the agrochemicals segment shows signs of impr...
09 May, 2024, 01.24 PM ISTHimadri Speciality to invest Rs 220cr in Bengal to expand speciality carbon black capacity The expansion, scheduled to be operational within the next 18 months and located at Singur in the Hooghly district, will be funded through internal accruals. This additional capacity of 70,000 tonnes per annum will increase the company's speciality ...
28 Apr, 2024, 08.36 PM ISTIndia to stop importing urea by 2025 end: Mansukh Mandaviya Asked about achieving self-sufficiency in urea production, Mandaviya said the Modi government has adopted a two-pronged strategy to end dependency on urea imports.
05 Apr, 2024, 01.16 PM ISTBest Agrolife acquires 100 pc stake in Sudarshan Farm Chemicals for Rs 139 crore The acquisition will enable BAL to leverage SFCL's proficiency in developing cost-effective and distinctive manufacturing routes for off-patent molecules, it said. "This acquisition involves obtaining a 100 per cent stake through cash consideration,...
29 Mar, 2024, 12.41 PM ISTInternational Chemical Investors Group buys Vasant Chemicals With state-of-the-art manufacturing facilities in Hyderabad (Jeedimetla) and Visakhapatnam (Atchutapuram), the Hyderabad-based Vasant Chemicals specializes in the production of specialty chemicals and pharmaceutical intermediates and exports its pro...
05 Mar, 2024, 02.40 PM IST