Thanks Mukesh
With the negatives you pointed out it seems we need lot of MoS before diving in.
I believe it will betting on racing horse.
I believe bodal, bhageria or quick stint in Aarti industries for 20-30% gain is a better idea
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Bhageria is risky too. Bhageria does not own its plant. The plant is on lease. The lessee can anytime ask the plant back and produce dye intermediates on its own and sells.
Good to see clear graphs of the price of the product. I am interested to know how seasonality comes in this product. Is there a trend that you have spotted, I hae checked 10yrs data, it goes up at sometimes when Chinese facilities or demand raises but there is no predictable internal trend that I saw.
Since Bhageria and Shree hari are in the H Acid, It looks like Bhageria is performing well in terms of Revenues and Profits when compared to Shree Hari Chemicals.
Anyone still tracking this company?
Since due to government regulations in China and pollution norm most of China companies are shut.
whereas if one goes to the quarterly results : We see a quite a big jump in sales & OPM
- Is this temporary?
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Let’s see how the next few quarter result pan out.