70.55 0.25 (0.36%)
NSESep 18, 2020 03:31 PM
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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2019-07-26||Thirumalai Chemicals..||Prabhudas Lilladhar||63.95||63.95 (10.32%)||Not Rated|
Thirumalai Chemicals (TMC) is one of the largest producers of Phthalic anhydride (PAN;), Maleic anhydride (MAN) and is among few players globally to produce food ingredients & fine chemicals. The management is focused on commissioning modernized facility at Ranipet and greenfield plant at...
|2018-07-26||Thirumalai Chemicals..||Prabhudas Lilladhar||1412.00||1412.00 (-95.00%)||Daily Note|
Volume expansion + healthy margins to drive earnings TMC is one of the largest global producers of Phthalic anhydride (PAN; capacity 140,000tons) and produces Maleic anhydride (MAN; capacity 40,000tons) in India and Malaysia respectively. The company is one of the few...
|2017-07-26||Thirumalai Chemicals..||Prabhudas Lilladhar||1107.50||1107.50 (-93.63%)||Not Rated|
Thirumalai Chemicals (TCL) AGM to get an update on the company. TCL is the secondlargestplayerinthedomesticPhthalicanhydride(PAN)industryafterIG Petrochemicals. While PAN contributes bulk of revenue, the company also manufacturesvalueaddedderivativessuchas Maleic Anhydride (MAN), DiethylPhthalate(DEP),andfoodacids.DomesticPANdemandhasbeenonan upswingsupportedbyhealthydownstreamdemandinPlastics,Paints,Autoetc. Also,supportedbyproductspreadexpansionandscrappingof2.5%importduty on its raw material Orthoxylene, TCL's Q1FY18 consolidated PAT were at...