Vinati Organics Ltd.

NSE: VINATIORGA | BSE: 524200 | ISIN: INE410B01037 |Industry: Commodity Chemicals
|Expensive Star
1220.15 -3.60 (-0.29%)
NSE Oct 28, 2020 15:31 PM
Volume: 29,196

Vinati Organics Ltd.    
27 Mar 2020
CD Equisearch
VOL posted a substantial fall in revenues measuring to 21.3% y-o-y in Q3FY20 (Rs. 238.47 cr vs Rs. 303.05 cr) on the back of lower realizations and stumbling revenues from its marquee product ATBS due to stunted oil prices. VOL's clients' desire to keep truncated inventory levels in December also contributed to plummeting top line.. IBB volumes remained low; given our understanding, BASF - a major customer is facing challenges with Ibuprofen manufacturing. With just a handful of customers in the global...
Vinati Organics Ltd. has gained 26.85% in the last 6 Months
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