1554.5000 1.50 (0.10%)
NSE May 15, 2025 15:31 PM
Volume: 21,576
 

1554.50
0.10%
ICICI Securities Limited
Both phase 1, 2 expansion at Dahej would expand organic chemical capacity by 3x with a capex of | 130 crore. This would translate into incremental revenue of | 350-375 crore at peak utilisation against overall revenues of | 306 crore currently. We expect the Dahej facility to largely cater to the custom synthesis opportunity with the Vadodara plant catering to advanced intermediates market. Given both these segments have better gross margins compared to the base business, increase in the share of these segments is...
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