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06 Oct 2022
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Chemicals & Petrochemicals
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Prabhudas Lilladhar
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Sector Update
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04 Oct 2022
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Chemicals & Petrochemicals
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Prabhudas Lilladhar
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Sector Update
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15 Sep 2022
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Chemicals & Petrochemicals
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ICICI Securities Limited
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Sector Update
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R-22 price rose to Rs293/kg (9.4% QoQ / 52.7% YoY) in Q2FY23-TD, but volumes were down 33.4% YoY to 943te.
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07 Sep 2022
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Chemicals & Petrochemicals
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Prabhudas Lilladhar
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Sector Update
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11 Jul 2022
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Chemicals & Petrochemicals
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ICICI Direct
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Sector Update
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06 Jul 2022
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Chemicals & Petrochemicals
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Prabhudas Lilladhar
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Sector Update
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04 Jul 2022
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Chemicals & Petrochemicals
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Prabhudas Lilladhar
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Sector Update
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27 Jun 2022
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Chemicals & Petrochemicals
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ICICI Direct
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Sector Update
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26 Jun 2022
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Chemicals & Petrochemicals
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ICICI Securities Limited
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Sector Update
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Rossari Biotech’s four key raw materials’ inflation remains elevated which has kept the company’s margins under pressure. However, in Apr’22, acetic acid prices dipped sharply, but other three products’ prices continue to rise. Pigment prices have increased marginally on QoQ basis, which shows continued pressure on margins for Sudarshan.
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24 May 2022
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Chemicals & Petrochemicals
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ICICI Securities Limited
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Sector Update
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R-22 prices dipped slightly to Rs242/kg (down 5.8% QoQ / up 36.4%) in Q4FY22, but volumes were down 34% YoY to just 3.7kte, which suggests pressure on prices will continue. This means SRF’s ref-gas revenue and EBIT margin benefits are coming entirely from the HFC portfolio. Some volume impact is due to shutdown of Gujarat Fluorochemicals’ (GFL) plant, but we are not worried as companies sell their entire quota allocated for full year.
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