BASF INDIA is a 71 % subsidiary of the German chemical Giant BASF AG. Company producing polystyrene and wide variety of chemicals for Industries like leather,Agrochemicals, plastics,Paper ,automobile,Textile…etc. Last year ,company integrated its operations in chemical sector by merging another listed entity Ciba India with itself . German parent company is now paying much attention to develop business in Asian region including India and China.As part of this strategy ,recently company merged its subsidiaries BASF Coatings (India) Private Limited, BASF Construction Chemicals (India) Private Limited and BASF Polyurethanes India Limited into the listed entity. In the agrochemical sector company dropped some low margin products and now moving to the the value chain. Considering the growth of White goods Polystyrene business of the company having a bright future . BASF India’s construction chemicals division producing liquid admixtures, powder and resin products. At a time of improving prospects of end user industries ,promoters are consolidating its business under the listed entity and also paying much attention to the R & D efforts. Long term investors may consider a Buy at CMP of Rs.510/-
Dear Value Pickji,
ReplyDeleteWhat is your opinion on EIH?
VPji,
ReplyDeleteWhy there is a sudden fann in Paushak? Is anything wrong?
EIH is not bad but only for long term
ReplyDeletePaushak -Already requested profit booking above Rs.100/-
ReplyDeletevaluepick ji, any idea why your pst recommendation tasty bite soared in the last few sessions?
ReplyDeleteDear Senthil
ReplyDeleteTruly speaking 'No Idea'
Dear Valuepick,
ReplyDeleteI am an investor in Aries agro @125
I am bullish on agriculture as a whole, after all its an India consumtion story.But what was the reason for the fall in shareprice from 200+ to 100 in 6 months.
Is it still a buy for averaging for long term.Please suggest.
Regards
Vishnu R Nair
No change in my stand about Aries Agro
ReplyDeleteHi Valuepick,
ReplyDeleteAny information my 'Tasty Bite Eatables' topline and bottomline is suffering, despite raw material is procured form their own farm.
Please provide some insights of this gem?
Regards,
Vikas
here is nothing wrong with its topline and it is growing . It is procuring only 50% of its raw materials from its own farm and the rest is from open market,that is why the decline in margin in recent times.Another important factor is the cost of packaging material which is an important component in its cost.Regarding top line growth , since the company is running at almost full capacity ,only through capacity expansion there will be significant improvement and which will happen in few years.
ReplyDeleteThanks Valuepick...for the valueable information.
ReplyDeleteRegards,
Vikas