Bodal Chemicals is in the news on the back of their latest acquisition wherein they bought 70 percent equity in SPS Processors.
In a discussion on CNBC-TV18, Manish Kiri, MD of Kiri Industries and Ankit Patel, ED of Bodal Chemicals outlined price trend of Vinyl Sulphone in the Indian market and how it has impacted their company's revenue.
There has been an earnings de-growth in rupee terms in FY16 but quantitatively Bodal Chemicals has done much better than in the past, says Mayur Padhya, Chief Financial Officer of the textile dyestuff company.
Manish Kiri, managing director (MD) of Kiri Industries in an interview to CNBC-TV18 said, news about acquisition of Single Super Phosphate (SSP) facility of Bodal Chemicals is false.