Neeraj Marathe had posted on Philips Carbon a couple of weeks back. Here is the linkhttp://neerajmarathe.blogspot.in/2012/12/phillips-carbon-black-goes-in-red.html
Prima Facie risk reward situation appears to be favorable, but I need to do more indepth research. This stock had been on my radar for some time. The clear catalyst here is with imposition of fresh duties under anti-dumping rules, excess inventories should get liquidated in some time and demand for Indian producers should recover.
Totally agree about the view that one should avoid RPG group, but I am fine with venturing into such situation when risk reward situation isfavorable.
Disc: No position as of now, will take a call after completing my research.