Meghmani Organics, a chemical company that is into pigment products and a range of pesticides reported a steady set of numbers this quarter. There is an improvement in margins and profits as well aided by lower finance costs.
In an interview with CNBC-TV18, Natu Patel, MD of Meghmani Organics, discussed the recent slowdown in the Chinese speciality chemicals market and what it means for Indian companies such as his.
The shortage of a specialty pigment that gives cars a glittering shine has prompted automakers to temporarily restrict orders on vehicles in certain shades of black, red and other colors.