Company is short term debt free now. There are many good things happening recently. First analyst meet yesterday was one of them. They mentioned that they will be uploading the meeting transcripts soon (Not sure if other companies do that. Pardon my ignorance here). CMD is trying hard to build a professional image for a PSU.
As far as TDI prices are concerned, there is definitely a downtrend even for domestic prices as well. Prices hovered around Rs. 295/Kg for May-June. Now quoting at Rs. 280/Kg which was last seen around Aug-2017. Going forward, TDI prices will remain flat or even go down Y-o-Y basis as we are looking at a bigger base now.
Growth in other chemicals, Echopose JV and Capex should drive the growth forward.
Regards,
Suhag