any updates on this counter…?
Stock hitting 52 week low everyday despite strong cash flows and expansion ahead.
Price movement of H-ACID and vinyl sulphone?
China’s Dyes production coming back to normal doesn’t seem to be possibility as far as their pollution levels are concerned.
People invested in Bodal , need to wait for 2-3 Qtrs. CFO has given one interview in Bloombergquint.Clearly mentioned, it will take 3-4 Qtrs to get better ROI from all the investments
Doesn’t make for a cheery prognosis, unfortunately. I am resigned to this stock going nowhere for quite
a while. Quite possible it may fall further, I guess.
Why is it that Peers like Shree pushkar, Bhageria ind. are trading at approx. 2x of their revenues as compared to bodal’s 1.2x?
N is it bcoz of execution delay n de-growth in revenues n margins that the stock has taken beating in last quarter?
This land acquisition is for future project.Management discussed about it in Q3 earning call.Board has approved 100 cr for land.The project should not be in Dye and Dye intermediates industr.It will be in some other chemical segment.Will listen to commentry on q4 concall where Bodal want to venture out.
Ankit S Patel acquired 3,14,798 Shares from open market
and Suresh J Patel acquired 1,10,081 shares.
Total shares acquired between 08/05/18 to 11/05/18 - 4,65,379
Promoter Holding increased to 55.31%
Note : All these acquisitions are done prior to closure of trading window