Jubilant Ingrevia - Life Science Ingredients (LSI)

Crazy selling by one of the fii in ingrevia…can some senior members justify this selling…are we expecting very bad qtrly results?
Please share your inputs

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In recent spot contracts, Acetic Acid prices have gone up ~15% / Ethyl Acetate prices by ~12%. EBITDA per tonne remains the same but with higher Acetic acid prices, margins will come down.

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Somewhat connected aspect to Ingrevia, but more so to promoter group.

Post Oct 21, market has had its downs and has recovered mostly at Index levels. Something interesting at Bhartiya group level - all three listed companies vs midcap index

While each business is very different from each other but barring Ingrevia, other two has clear visible issues, discussed in respective threads. Ingrevia doesn’t seem to have any known issues barring some margins volatility as of now( LSC part primarily, rest of biz doing well). Given each biz has sizable float and retail holding, volatility is higher, none of them have covered lost ground.

Could this drag on Inbrevia be a temp effect due to group level narrative, believe so as of now.

Pl draw your own conclusions, this is just an observation at group peers - Invested in Ingrevia.

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Jubilant Ingrevia Corporate Video on FY22 journey.

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CDMO contract 270 crore.
Commercial Supplies from FY23 Onwards

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Can any senior boarders help where to find current acetic acid, ethyl acetate and anhydride prices…i want last 1 year chart for price comparison

Thanks

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it’s available in screener premium version

Thanks its really helpful…took the paid version but still data is available till jan2022…is there anyways we can see weekly or live current prices…i want to see the avg prices for jan feb and march

Thanks
Saumil


acetic acid is there. ethyl acetate is not there. see if the prices of it’s ingredients are there, then you can make a guess

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GNFC Q4 22 results Management commentary
The performance is driven by Chemical Segment. Chemicals like Acetic Acid, WNA, A N Melt and Ethyl Acetate did quite well.
This indicates that LSC division of Jub Inv may post good Q4 numbers.
Today GNFC is having their Q4 concall @ 3.30 pm.

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