DOLLY KHANNA IN ANNUAL REPORT( NEW) 9 SEPT 2018

[Pee Vee]

+1

[SUMIT GHEI]

PRESENTATION 2017

http://igpetro.com/sites/default/files/ ... FY17_0.pdf


Key Competitive Advantage

One of the lowest cost producer of PAN

Strategic Plant Location

Strong Clientele across industries

Consistent high capacity utilization

Better recovery processes

Numero Uno Indian manufacturer of Phthalic Anhydride (PAN).

One of the largest and lowest cost producers of PAN.

Technical collaboration with M/s Lurgi GmbH, Germany.

Flagship company of Dhanuka Group.

Self sufficiency achieved in Power/Steam generated by plant.

Higher capacity utilization with continued Consumption Pull.

[SUMIT GHEI]

Birla Mutual Fund A/c Birla Sun Life Pure Value
Fund and Birla Sun Life Trustee Company Pvt. Ltd. A/c Birla Sun Life Long Term Advantage
Fund Series 1 have bought 5,00,000 equity shares each in the Company constituting apprx.
3.25% of the total paid-up capital of the Company

Fund buying started


https://www.bseindia.com/xml-data/corpf ... 9aacd2.pdf

[Pee Vee]

Great news. This means the floating stock is very low. The promoters holding is nearly 75%.

[SUMIT GHEI]

GOOD PRICE TO ACCUMULATE

[Ravi]

Today IG Petro fell heavy almost 10%.

I read a report that potential change in duty protection regime can be a dampener for the IG Petrochem and Thirumalai Chemicals.

The growth outlook for phthalic anhydride (PA) chemicals is one such area which has caught our attention. While the PA domestic industry, dominated by IG Petrochem and Thirumalai Chemicals, is driven by robust end markets of poly vinyl chloride (PVC), resins and pigments, the possibility of higher inexpensive import of PA is a cause for concern. On account of this, we are exiting our portfolio exposure to IG Petrochem and Thirumalai Chemicals in our midcap and Diwali portfolio, respectively.

[Pee Vee]

Thanks for the info. I was not aware of the anti-dumping issue. We will watch the performance of IG Petro over the next few quarters to see the real impact.

[SUMIT GHEI]

ANIL KUMAR GOEL HIKES STAKE IN IG PETRO IN DEC18 QT

[valuepicker]

Though overhang of anti dumping issue is there, correction in this stock has been deep. Is it good time to accumulate this stock considering horizon of next 2- 3 years?

[Pee Vee]

There is no clarity at present about the impact of the dumping issue and the China competition. Better to watch for a quarter and let it stabilise.