DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
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DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
WILL POST AT 1 PM
Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
Waiting for the news
![Smile :)](./images/smilies/icon_e_smile.gif)
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Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
DOLLY KHANNA INCREASED STAKE IN IG PETROCHEMICAL AS PER ANNUAL REPORT2018 LINK
http://www.igpetro.com/sites/default/fi ... 017-18.pdf
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http://www.igpetro.com/sites/default/fi ... 017-18.pdf
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Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
IG Petro is a very good stock. In addition to Dolly Khanna, Anil Kumar Goel also has a big holding.SUMIT GHEI wrote: ↑Mon Sep 10, 2018 12:42 pm DOLLY KHANNA INCREASED STAKE IN IG PETROCHEMICAL AS PER ANNUAL REPORT2018 LINK
http://www.igpetro.com/sites/default/fi ... 017-18.pdf
PAGE 30
The promoters hold 72% stake in IG Petro.
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Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
VERY FEW HANDS HOLD THIS STOCK
Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
Yes. Market cap is about Rs. 1500 crore. Traded volume is less.
Stock is also reasonably priced at a P/E of about 10.
IG Petro is also likely to benefit from the production constraints on speciality chemicals in China.
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Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
Peer Comparison
Market Cap RevenueNet Profit Net Margin (%) RoE (%) Price to Book Price to Earnings
IG Petrochemicals ---------------- 1,536.05 1,199.20 147.67 12.27 31.77 2.70 10.40
Navin Fluorine International-----3609.17 891.09 169.43 17.66 20.11 3.58 21.30
Vinati Organics--------------------- 6,999.46 823.68 177.04 20.82 19.49 8.13 39.54
Market Cap RevenueNet Profit Net Margin (%) RoE (%) Price to Book Price to Earnings
IG Petrochemicals ---------------- 1,536.05 1,199.20 147.67 12.27 31.77 2.70 10.40
Navin Fluorine International-----3609.17 891.09 169.43 17.66 20.11 3.58 21.30
Vinati Organics--------------------- 6,999.46 823.68 177.04 20.82 19.49 8.13 39.54
Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
Do you have information about the products and end use? Chemicals may have different levels of value addition and so a plain comparison may not be appropriate.SUMIT GHEI wrote: ↑Mon Sep 10, 2018 1:56 pm Peer Comparison
Market Cap RevenueNet Profit Net Margin (%) RoE (%) Price to Book Price to Earnings
IG Petrochemicals ---------------- 1,536.05 1,199.20 147.67 12.27 31.77 2.70 10.40
Navin Fluorine International-----3609.17 891.09 169.43 17.66 20.11 3.58 21.30
Vinati Organics--------------------- 6,999.46 823.68 177.04 20.82 19.49 8.13 39.54
Vinati Organics Ltd (VOL) enjoys global leadership in two speciality chemicals, with market share of 70% in IBB and 80% in ATBS and so it commands higher valuations.
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Re: DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018
Today IGPL is one of the largest single location producers of Phthalic Anhydride (PAN) of international standards.
PAN is a principal commercial form of phthalic acid, discovered in 1836. It was the first anhydride of a dicarboxylic acid to be used commercially and is comparable in its importance to acetic acid. The most important reaction of PAN is with alcohols or diols to give esters or polyesters.
PAN is a versatile intermediate in organic chemistry. PAN is a precursor to a variety of reagents useful in organic synthesis. A colourless solid, is an important industrial chemical, especially for the large-scale production of plasticizers for plastics.
PAN is widely used in industry for the production of certain dyes. A well-known application of this reactivity is the preparation of the anthroquinone dye quinizarin.
The primary use of PAN is as a chemical intermediate in the production of plastics from vinyl chloride.
Phthalate esters, which function as plasticizers, are derived from PAN. PAN has another major use in the production of polyester resins and other minor uses in the production of alkyd resins used in paints and lacquers, certain dyes, insect repellents and urethane polyester polyols.
It has also been used as a rubber scorch inhibitor and retarder (HSDB, 1995; National Cancer Institute (NCI), 1979). PAN is a chemical intermediate that reacts readily and produces a broad range of products that process easily and give a wide range of performance characteristics at a low cost
IGPL operates it's plant based on the processes of the licensor M/s Wacker Chemie GmbH, Germany. The process is Wacker's Von-Heyden's Low Energy Process and the plant has been engineered by M/s Lurgi GmbH , Germany.
PAN is a principal commercial form of phthalic acid, discovered in 1836. It was the first anhydride of a dicarboxylic acid to be used commercially and is comparable in its importance to acetic acid. The most important reaction of PAN is with alcohols or diols to give esters or polyesters.
PAN is a versatile intermediate in organic chemistry. PAN is a precursor to a variety of reagents useful in organic synthesis. A colourless solid, is an important industrial chemical, especially for the large-scale production of plasticizers for plastics.
PAN is widely used in industry for the production of certain dyes. A well-known application of this reactivity is the preparation of the anthroquinone dye quinizarin.
The primary use of PAN is as a chemical intermediate in the production of plastics from vinyl chloride.
Phthalate esters, which function as plasticizers, are derived from PAN. PAN has another major use in the production of polyester resins and other minor uses in the production of alkyd resins used in paints and lacquers, certain dyes, insect repellents and urethane polyester polyols.
It has also been used as a rubber scorch inhibitor and retarder (HSDB, 1995; National Cancer Institute (NCI), 1979). PAN is a chemical intermediate that reacts readily and produces a broad range of products that process easily and give a wide range of performance characteristics at a low cost
IGPL operates it's plant based on the processes of the licensor M/s Wacker Chemie GmbH, Germany. The process is Wacker's Von-Heyden's Low Energy Process and the plant has been engineered by M/s Lurgi GmbH , Germany.