Coal Tar Pitch

Himadri Speciality: What should investors do after a stellar run?

In the last four quarters, there has been a consistent improvement in operating margin profile. Performance improvement is broadly in line with the base scenario mentioned in the July’22 note.

Himadri Speciality: What does the future hold?

In the years before COVID disruptions, HSCL used to command premium operating margins, compared to peers such as PCBL and Rain Industries. However, in the past 10 quarters, this is not the case

Himadri Speciality: Outcome of carbon black anti-dumping review a key event to watch

Himadri Speciality's valuations are still ahead of peers in the carbon space but justified due to diversified and vertically integrated portfolio

Himadri Speciality: Well-placed to deliver long-term earnings growth

Himadri Speciality primed for high-end carbon applications despite hurdles

Rain industries Q4 CY18 review: Business in transition; accumulate on dips

Rain Ind: Adverse impact on Q3 CY18 sales volume already in price; accumulate

We expect growth in CY19 to be led by volume improvement in carbon segment and pricing gains in the advance material segment

Rain industries: Robust end market prospects remain key catalyst; emerging risks to be watched

Growth in aluminium production in the US (restarts) and Asia remains the key demand driver

Himadri Specialty Chemical: Shift to higher-margin products keeps it ahead of the curve

The company's earnings, seen growing at a CAGR of 36 percent between FY18 and FY20, are expected to be backed by volume growth and diversification to higher-margin products.

Rain Industries: Robust outlook for US aluminum market adds another lever

While the prices of CPC may be nearing their peak, the biggest driver of volumes for CPC products is the potential restart of aluminum production in the United States.