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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-03-21||Seya Industries Ltd. +||ICICI Securities Limited||533.00||533.00 (-87.09%)||Mgmt Note|
ICICI Securities Limited
We recently met Amrit Rajani, COO of Seya Industries (Seya), to gain an insight into the functioning of chloro benzene industry and the company's position in the value chain. Seya is a technocrat run, industry leader in chloro benzene chemistry with effective outside sales of ~25,000 tonne per annum. Key outside sales chemicals at Seya include 3,3 di chloro benzene (3,3 DCB); 2,4 di nitro chloro benzene (2,4 DNCB) and para nitro aniline (PNA). It owns a completed automated plant at Tarapur (Maharashtra) and is currently operating at ~80% capacity in its key...