More encouraging sector report ( I didnt purchase the report though.)
According to “India Carbon Black Market By Type, By Application, Competition Forecast and Opportunities, 2012-2026”, India carbon black market is projected to grow at a CAGR of 8.78% by the end of 2026. Full report available here https://www.researchandmarkets.com/research/vq5bhc/india_carbon.
Can any senior help me with valuation of Phillips carbon. Global carbon manufacturers like Cabot ( PE < 15), Mitsubishi Chemical Holdings ( PE < 9) are trading relatively cheap to Phillips carbon ( PE close to 25), is it wise to add more at this level.