DSIJ Mindshare

The markets on November 2, 2018 opened gap up. BSE Sensex is trading at 35,039.20, up by 607.23 points and the Nifty is trading at 10,566.05, up by 185.60 points. 

On Friday, Sensex zoomed more than 500 points and Nifty gained 170 points and were at 10,548.85 and 34,963.75, respectively at 11:00 am. 

The said production facility is equipped to manufacture 2,00,000 MTPA of phenol and 1,20,000 MTPA of its co-product acetone. This is supported by the capacity to manufacture 2,60,000 MT of Cumene for captive consumption.

The EBITDA for the quarter rose by 19.9 per cent yoy to Rs. 59.2 crore as against Rs. 49.36 crore in the corresponding quarter last year, with a corresponding margin expansion of 16 bps. EBITDA margin for the quarter stood at 9.6 per cent.

The company's core business, speciality chemicals grew by almost 50 per cent yoy to Rs. 1,039.10 crore. Pharmaceuticals and home & personal care chemicals grew by 40 per cent and 14 per cent yoy, respectively.