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Last Updated : Oct 10, 2017 03:04 PM IST | Source: CNBC-TV18

H1 was good in terms of operations, marketing & price realisations: GNFC

Chemicals business has been doing well, the price realisations too have been good, speciality chemicals business also has been doing well, said Rajiv Kumar Gupta, MD, GNFC.

The Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) stock has been up 225 percent this year and to know what is buzzing for the company and the outlook going forward, CNBC-TV18 spoke to Rajiv Kumar Gupta, MD, GNFC.

Gupta said chemicals business has been doing well, the price realisations too have been good. Some chemicals like methanol which were not moving earlier have moved this quarter, said Gupta, adding that their speciality chemicals business also has been doing well.

The prices also have been steady, he said.

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However, he said segregating price realisations of different chemicals would be difficult since they made large number of chemicals.

The best thing about the first half has been that many of the chemicals have seen the highest movement and highest ever prices and production -- so in all three categories of performance that is operations, marketing and price realisation the experience has been good in last three months, said Gupta.

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First Published on Oct 10, 2017 03:03 pm
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