Moneycontrol PRO

Atul Q1: Pharma and agrochem cushion the Covid impact

Atul Industries is better positioned to deal with near-term hurdles with respect to operations, supply chain and working capital management

September 02, 2020 / 02:44 PM IST
Atul Q1: Pharma and agrochem cushion the Covid impact

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Highlights - Q1 performance hugely impacted for both Atul and Amal - Amal considering major capex; Atul executing ~Rs500 crore capex - China supply chain shift opportunity presents market share gains - Atul preferred play; accumulate on decline Shares of integrated chemicals manufacturer Atul Industries (CMP: Rs 5,944, Market Cap: Rs 17,633 crore) and its microcap subsidiary Amal Ltd (CMP: Rs 168, Market Cap: Rs 158 crore) have seen a decent rally after the equity market slump in March. Leading chemical entities with a stranglehold over a range...

  • PRO Panorama

    Moneycontrol Pro Panorama | Rate hike looming, heat is on retail investors

    May 26, 2022 / 06:26 PM IST

    In today’s edition of Moneycontrol Pro Panorama: A midcap in spotlight, warning for stock market, Modi’s three Ts in Tokyo, Start-Up Street and more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | People’s Bank of China rides to the rescue 

    May 21, 2022 / 10:10 AM IST

    The central bank of China – an outlier in these times of quantitative tightening – has eased its policy to salvage the Chinese economy. And the messaging is not lost on global growth

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers