Expect to continue to show positive momentum in chemical business: Ganesh Benzoplast

Ganesh Benzoplast is up 15 percent this week in a weak market. In an interview with CNBC-TV18, Rishi Pilani, CMD of Ganesh Benzoplast spoke about the latest happenings in his company and sector.

February 21, 2018 / 02:39 PM IST

Ganesh Benzoplast is up 15 percent this week in a weak market. In an interview with CNBC-TV18, Rishi Pilani, CMD of Ganesh Benzoplast spoke about the latest happenings in his company and sector.

It is a very stable business and we don’t see any reason why there should be any downturn in the business as of now, he said.

We are always expanding so the capacities that we have expanded are still not utilised to the full capacity. So there is some scope for growth, he added.

Chemical is a very strong business and that is why we are focused on demerging the company. We have done some working capital infusement into it. I would expect that we should continue to show some good positive momentum in the chemical business, said Pilani.

On demerger, he said that the process has started a few months back.

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CNBC-TV18
TAGS: #Business
first published: Feb 21, 2018 02:36 pm
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