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COAL TAR PITCH
In a volatile market, odds do favour contrarians, but only if they have an edge: 4 stocks from different sectors with dividend yield of up to 5.8%When a fundamentally strong business is available at 4% dividend yield, the probability that you will have both dividend and the capital ga...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsOver the next few days, as an investor you need to make a clear distinction on one front: Buying happening in a sector at a lower level, an...
Himadri to foray into lithium-ion battery materials, to emerge as ‘non-Chinese supplier’Himadri Speciality Chemical is expanding into lithium-ion battery materials and advanced chemicals to position itself as a non-Chinese supp...
Epsilon Carbon signs $20 mn pact with Alba; eyes IPO by 2027-endEpsilon Carbon will supply coal tar pitch to Aluminium Bahrain. This collaboration aims to establish a local supply chain in Bahrain. Epsil...
Himadri Speciality Chemical shares climb 2% as ICICI Securities initiates coverage with ‘add’ ratingICICI Securities highlighted Himadri's strong coal tar value chain and integrated production model, enabling it to maximize profits. The co...
Himadri Speciality to invest Rs 4,800 cr for setting up Lithium-ion Battery components factoryHimadri Speciality Chemical Ltd plans to invest Rs 4,800 crore over the next 5-6 years to establish a manufacturing facility for Lithium-io...
Himadri Specialty Chemical acquires 12.8% stake in SiconaHimadri Specialty Chemical has acquired a 12.8% stake in Sicona Battery Technologies for AUD 10.3m (INR 57 crore), enabling Himadri to enha...
Epsilon Carbon ventures into carbon black segment, invests Rs 900 croreThe Mumbai-based company is planning to invest in two phases, with the first phase commissioning by Q3 of FY 21 with an investment of Rs 42...
Odisha govt approves over Rs 1,600-cr investment proposalsThe State Level Single Window Clearance Authority (SLSWCA) cleared eight planned projects, including a tea blending and packaging facility ...
Budget 2018: Non-ferrous metals sector wants govt to reduce import duty on raw materialsKey players in the domestic aluminium, copper and zinc sectors include the likes of Hindalco, Vedanta Aluminium, Hindustan Copper (HCL), Na...
NALCO to form JV with NINL to produce coal tar pitch“The agreement is part of the new business plan of Nalco to ensure backward integration and sustain the plans for forward integration,” sai...
Himadri Chemicals to invest Rs 350 crore in adding new capacityHCIL will invest Rs 350 crore to meet higher demand arising out of new capacity additions in the aluminium sector and the graphite industry.
Himadri Chemicals to invest Rs 350 crore in adding new capacityApart from Singur, the company has seven manufacturing units, including one in China and has 70% share of the domestic market.
- Rain CII Carbon completes acquisition of Rutgers
Rain CII Carbon LLC, an arm of Rain Commodities Ltd, has completed the €702-million acquisition of Belgium-based coal tar pitch manufacture...
- Himadri Chemicals PAT was up at Rs 32.77 crore in Q2
Net sales in the July-September quarter too was up by 11.76 % at Rs 314.37 crore (Rs 281.29 crore).
- Rain Commodities to buy Rutgers; stock gains
Shares of Rain Commodities were in the limelight on reports that it has agreed to buy Rutgers, a manufacturer of coal tar pitch, for Rs 4,9...
Hyderabad company Rain Commodities to buy Belgian Rutgers for Rs 4,914 croreThe deal highlights Rain Commodities' ambitiousness, which in 2007 bought calcined petroleum coke maker CII Carbon for $600 mn.
- Himadri Chemicals posts lower net profit of Rs 22.24 cr in Q4
The company's net sales stood at Rs 329.37 crore in Q4 FY 12 as against Rs 201.75 crore in the same period last year.
- Himadri Chemicals to invest Rs 1,900 cr for capacity expansion
Himadri Chemicals today said it is planning to invest Rs 1,900 crore for coal tar capacity expansion.
- PINC assigns buy to Himadri Chemicals; target Rs 509
PINC Research has recommended ‘buy’ on Himadri Chemicals and Industries for a 12 months target price of Rs 509.