Sunday, November 21, 2021

50000 50000 189.3939394 Dec 200000 200000 9090.909091 Jan 200000 200000 9090.909091 Feb 100000 100000 4545.454545 Mar 550000 25000 1100000 Apr 550000 25000 1100000 May 550000 25000 1100000 Jun 550000 25000 1100000 Jul 550000 25000 1100000 Aug 550000 25000 1100000 Sep 550000 25000 1100000 Oct 550000 25000 1100000 Nov 550000 25000 1100000 1 54 22 5500000 20833.33333 9900000 37500 2 55 23 15000000 56818.18182 30000000 113636.3636 3 56 24 25000000 94696.9697 50000000 189393.9394 4 57 25 5 189393.9394 10 378787.8788 5 58 26 6.5 246212.1212 13 492424.2424 6 59 27 8.45 320075.7576 16.9 640151.5152 7 60 28 10.985 416098.4848 21.97 832196.9697 8 61 29 14.2805 540928.0303 28.561 1081856.061 9 62 30 18.56465 703206.4394 37.1293 1406412.879 10 63 31 24.134045 914168.3712 48.26809 1828336.742 11 64 32 31.3742585 1188418.883 62.748517 2376837.765 12 65 33 40.78653605 1544944.547 81.5730721 3089889.095 13 66 34 53.02249687 2008427.912 106.0449937 4016855.823 14 67 35 68.92924592 2610956.285 137.8584918 5221912.57 15 68 36 89.6080197 3394243.171 179.2160394 6788486.341 16 69 37 116.4904256 4412516.122 232.9808512 8825032.243 17 70 38 151.4375533 5736270.958 302.8751066 11472541.92

Monday, August 12, 2019

Weekly Focus: Indian Markets to focus 12-16 Aug Weekly Focus

Markets to focus on macro data, govt’s growth measures in holiday-shortened week, say analysts

By:  | 
Published: August 11, 2019 1:38:18 PM

India's industrial production growth slipped to a four-month low of 2 per cent in June, mainly due to poor performance of mining and manufacturing sectors, official data showed.

Equity markets will focus on macroeconomic data as well as government measures to support growth and address tax issues in the holiday-shortened week ahead, analysts said. Bourses would remain closed on Monday and Thursday for Bakri Id and Independence Day, respectively.
“Going ahead investors will closely monitor government measures on supporting growth and FPIs tax issues,” said Vinod Nair, Head Of Research at Geojit Financial Services.
Markets may on Tuesday react to industrial production numbers released post market hours on Friday. India’s industrial production growth slipped to a four-month low of 2 per cent in June, mainly due to poor performance of mining and manufacturing sectors, official data showed.
“Although investors sentiment would continue to drive volatility in the stock market, the focus should be on how the government would tackle the tepid demand environment that suggests cyclical slowdown. As government measures to support growth plays out, we could see economy back on track of its long-term growth story,” said Arun Thukral, MD and CEO, Axis Securities.
According to Mustafa Nadeem, CEO, Epic Research, with the shortened week ahead, the market is also awaiting inflation data that will be released. So, volatility may continue to hurt while the overall trend is still bearish in the short-term. It is important to see if this rebound can sustain amid domestic and global headwinds, he added.
During the last week, the Sensex gained 463.69 points or 1.24 per cent. Hopes of measures from the government to ease the tax burden on FPIs and jump-start the sluggish economy had propelled the markets on Thursday and Friday. The 30-share Sensex had gained 891.41 points in the two sessions.
“Markets will see speculative swings given that there are no important events ahead be it local or global factors,” said Jimeet Modi, Founder and CEO, SAMCO Securities & StockNote. Market sentiment would also be guided by movement of rupee, oil prices and investment trend by overseas investors.

Sunday, September 3, 2017

HIMADRI SPECIALITY CHEMICALS

Saturday, February 20, 2016

BUY HIMADRI


posted on Saturday, February 20, 2016 ( JUST TO REMEMBER THE SUCCESS STORY) 


BOUGHT @ 16.8 HOLDING IN SOME ACCOUNTS, TODAY THE PRICE IS 112 HIGH @115












Quarterly results in brief
(Rs crore)
Dec' 15Sep' 15Jun' 15Mar' 15Dec' 14
Sales305.51310.18275.92341.86326.95
Operating profit53.5035.9216.716.4729.01
Interest25.4230.3727.5016.2230.34
Gross profit25.961.83-14.19-10.90-0.19
EPS (Rs)0.15-0.25-0.52-0.41-0.25






Himadri Chemicals & Industries Ltd, the flagship of Himadri Group, is the largest manufacturer of coal tar pitch in India. The company was founded to develop, manufacture and market chemical products with a special emphasis on coal tar and its derivatives. They supply coal tar pitch to well-known domestic aluminium and graphite industry players like Nalco, Balco, Hindalco, HEG, Graphite India and international players like Dubal, AOG, Graftech and SGL. The company is a leader in the domestic market for the supply of coal tar pitch and other by-products with around 70 percent share of the market.

The company has five state-of-the-art coal tar distillation plants in India. The company has two plants in Howrah, West Bengal, one in Hooghly, West Bengal, one in Visakhapatnam, Andhra Pradesh and one in Korba, Chhattisgarh. Himadri Chemicals & Industries Ltd was incorporated as a private limited company in July 1987. In November 1991, the company was converted into a public limited company. In the year 1996, the company developed a technology for producing impregnating pitch and in the year 1997, they completed the expansion and modernization of their Howrah and Visakhapatnam plant. In the year 1999, the company set up third state of art coal tar distillation plant at Howrah. In the year 2001, they formed the corrosion protection division and starts manufacturing coal tar based pipe coating product at Visakhapatnam. In the year 2002, they introduced Liquid Pitch, which are supplied to the consumers in specialized and dedicated tankers. In the year 2003, the company set up their fourth modernized coal tar distillation plant at Hooghly with capacity to produce 1,20,000 MT of Coal Tar Pitch per annum. During the year 2005-06, the company commissioned a by-product plant in Hooghly for the manufacture of value added products. They   also commissioned a pilot plant for the manufacture of advanced carbon material used in lithium ion batteries with in-house technology. 

The company expanded the production capacity of the coal tar pitch at Hooghly form 28700 MTPA to 63700 MTPA. The company commenced the supply of coal tar pitch to Dubai Aluminium co, manufacturer of the highest purity aluminium in the world. They also commenced a representative office in China. During the year 2006-07, the company incorporated a wholly owned subsidiary in Hong Kong to manage their customer presence and facilitate the acquisition strategy. They set up a plant at Korba in Chhattisgarh as a precursor. They commissioned two windmills, which can generate 2.50 MW wind energy in the Dhule district of Maharashtra. In the same year, the company completed the first phase of expansion at Mahistikry, West Bengal to manufacture naphthalene. Also, they installed a granulation unit used for cooling coal tar pitch from more than 300 degrees centigrade to atmospheric for onward conversion into solid pencil form. The company expanded the coal tar distillation capacity in Hooghly from 91000 MTPA to 170000 MTPA. During the year 2007-08, the company commissioned their melting plant in Korba plants to build dedicated melting facilities near major customers' plant to accelerate just-in-time delivery. 

The company has undertaken a project at Mahistikry in West Bengal for the manufacture of Carbon Black with an annual capacity of 50000 MT and a capitive power plant of 12 MW capacity based on waste heat gas through forward integration. In September 2008, the company through their wholly owned subsidiary company, Himadri Global Investment Ltd entered into a joint venture contract, with Chinese company to takeover existing coal tar distillation plant in Xiaoyi, Shanxi.
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http://articles.economictimes.indiatimes.com/2012-02-06/news/31030975_1_capacity-expansion-himadri-chemicals-tonne-capacity
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http://articles.economictimes.indiatimes.com/2011-07-01/news/29726284_1_organic-growth-capacity-expansion-expansion-plans

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THANKS TO BS, REDIFF,ICHARTS AND ET FOR THEIR INFO SUPPORT.....

Narendra Modi’s $87 billion river-linking project set to take off as floods hit India

After years of foot-dragging, the govt plans to begin work on an $87 billion scheme to connect nearly 60 rivers in the country as Narendra Modi bets on the project to end deadly floods, droughts

Mayank Bhardwaj

Large areas of eastern and north-eastern India are reeling under floods in which hundreds have died, while torrential rain also brought Mumbai to a standstill this week. The Tamil Nadu, in contrast, recently rationed drinking water due to drought. Photo: PTI
Large areas of eastern and north-eastern India are reeling under floods in which hundreds have died, while torrential rain also brought Mumbai to a standstill this week. The Tamil Nadu, in contrast, recently rationed drinking water due to drought. Photo: PTI
Daudhan: After years of foot-dragging India will begin work in around a month on an $87 billion scheme to connect some of the country’s biggest rivers, government sources say, as Prime Minister Narendra Modi bets on the ambitious project to end deadly floods and droughts.
The mammoth plan entails linking nearly 60 rivers, including the mighty Ganges, which the government hopes will cut farmers’ dependence on fickle monsoon rains by bringing millions of hectares of cultivatable land under irrigation.
In recent weeks, some parts of India and neighbouring Bangladesh and Nepal have been hit by the worst monsoon floods in years, following two years of poor rainfall.
Modi has personally pushed through clearances for the first phase of the project — which would also generate thousands of megawatts of electricity — the sources say, despite opposition from environmentalists, tiger lovers and a former royal family.
That will involve construction of a dam on the Ken river, also known as the Karnavati, in north-central India and a 22-km (14-mile) canal connecting it to the shallow Betwa.
Both rivers flow through vast swathes of Uttar Pradesh and Madhya Pradesh states, ruled by Modi’s Bharatiya Janata Party (BJP), and the prime minister hopes the Ken-Betwa scheme will set a template for other proposed river interlinking projects, one of the sources said.
“We have got clearances in record time, with the last round of clearances coming in only this year,” Sanjeev Balyan, the junior water resources minister, told Reuters. “The Ken-Betwa interlinking tops the priority list of the government.”
Government officials say diverting water from bounteous rivers such as the Ganges, Godavari and Mahanadi to sparse waterways by building a clutch of dams and a network of canals is the only solution to floods and droughts.
But some experts say India would be better off investing in water conservation and better farm practices. Environmentalists and wildlife enthusiasts have also warned of ecological damage.
BJP states first
The 425-km (265-mile) Ken flows through a tiger reserve nestled in a verdant valley. The government plans to clear out 6.5% of the forest reserve to build the dam, relocating nearly 2,000 families from 10 remote villages.
Around half a dozen clearances, including on environmental and forest protection, have been obtained for the scheme to link the Ken and Betwa, according to two sources and documents seen by Reuters.
Modi’s cabinet is likely to give its final go-ahead for the project within a couple of weeks, sources say, after which he will flag off construction at the site about 805 km (500 miles) from New Delhi, currently marked only by rows of red concrete slabs placed on the ground.
The government is also finishing up paperwork on projects in western India linking the Par-Tapi with the Narmada and the Daman Ganga with the Pinjal. The projects involve Modi’s home state of Gujarat and neighbouring Maharashtra, which includes Mumbai, both also ruled by the BJP.
The river-linking projects was first proposed in 2002 by the last BJP-led government. Work stalled because state governments sparred over water sharing contracts and clearances got stuck in India’s notoriously ponderous bureaucracy.
This time, officials hope starting with projects that are all in BJP-ruled states will smooth negotiations.
Modi’s government is touting the linking of rivers as a panacea to the floods and droughts that plague India every year, killing hundreds of poor people and withering crops.
Large areas of eastern and north-eastern India are reeling under floods in which hundreds have died, while torrential rain also brought the commercial capital Mumbai to a standstill this week. The southern state of Tamil Nadu, in contrast, recently rationed drinking water due to drought.
Not everyone is convinced the projects should be the priority, however.
“Theoretically we can’t find fault with the plan,” said Ashok Gulati, a farm economist who has advised governments. “But spending billions of dollars in a country which wastes more water than it produces, it makes more sense to first focus on water conservation.”
India, which has 18% of the world’s population but only 4% of the usable water resources, perversely gives incentives to produce and export thirsty crops such as rice and sugar cane.
Tigers, vultures and canyons
The proposed 77-metre high (250-ft), 2-km long dam on the Ken River will submerge 9,000 hectares of mostly forest land. A big portion will come from the Panna Tiger Reserve, near the UNESCO world heritage site of Khajuraho Temple in Madhya Pradesh.
The forest reserve, a major tourist attraction, is home to 30-35 tigers and nearly 500 vultures.
“Building a dam in a reserve forest is an invitation to a grave environmental disaster,” said Shyamendra Singh, the scion of the Maharajas who ruled a princely state near Panna during the British colonial era. “It will lead to floods in the forest and drought in the downstream.”
Authorities say they have planned for the safety of tigers and vultures.
People in Daudhan village, not very far from the Gangau dam built by the British in 1915, are ambivalent. With no access to electricity and other basic services, they want more information on what they will get in return for being displaced.
“We never got to see electricity in our village,” said village elder Munna Yadav, gesticulating towards the Ken flowing a few metres from his thatched cottage. “If our children get to move out of this area and if the dam benefits everyone, we’ll not oppose it.” Reuters