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Entry Price

48.00

Target

50.00

Recommend Date

21-04-2020

Return

4.17 %
BUY

Date : 21-04-2020

Himadri Speciality Chemicals (HSCL) is a carbon product manufacturer manufacturing coal tar pitch (CTP) used in aluminium, graphite electrode industry and carbon black, which is used in the tyre industry. Both its products are industrial in nature and quite essential in their user industries. However, this is a steady state business with limited competitive edge and minimal excitement for investors. However, HSCL has in the past laid out a strategy to venture into new age technological products like speciality carbon black that is to be used in paints, plastics, etc. and advance carbon material, which is to be used in electric cells/ lithium-ion battery.