MEGHMANI FINCHEM

Meghmani Finechem commissions India’s largest Chlorinated Polyvinyl Chloride Resin (CPVC Resin) plant

Commissioned on time and within committed capex

Further strengthening our fully integrated complex

India’s ~ 95% demand of CPVC Resin is met through imports

The newly-commissioned facility with a production capacity of 30,000 tonnes per annum (TPA) is the largest of its kind in India.

Despite a challenging external
environment, the plant has been commissioned on time and without any cost overrun, which is a testimony of the company’s strong project execution skills.

In India, CPVC resin demand is around 140 kilo tonnes per annum (KTPA) and it is expected to grow by around 13% CAGR over the next five years.

Approximately 95% of the CPVC resin demand of India is met through imports. MFL’s entry into this product is in line with the Central Government’s initiative of Aatmanirbhar Bharat and Make in India.

GNFC tops the list of PSU’s with the highest FII holding and increase in the last 6 months.

Followed by its parent company GSFC

Other HAL,BEML,chennai petro,Bharat Dynamic,NNDC

Last 1 to 2 week pattern all those stocks where earning are expected to he strong are on upmove

Markets getting Buy on Dips from sell on Rise

GNFC

Cmp - 655

RECOVERING FROM RECENT LOWS AND BOUNCING FROM INTRINSIC VALUE BUYING ZONE

Technically - Now Trading Above all important moving averages

Watch out for close above 675

Sakar Healthcare

205

52wk/ATH - 212

Getting Ready to cross ATH 🔜

MFL

Technically Turning Very Bullish

Results on 21st July

https://youtu.be/59ZPEcCkxBo

🔅Mr.Maulik patel chairman & MD of Meghmani Finechem Ltd guides abt 🇮🇳 largest CPVC plant & future Growth plans & Margins

🔅We sensed it early as we concentrate more on capex....fundamental....coz only profits & Growth drives Share prices...

Do watch full interview

ADOR FRONTECH

CMP - 79.95

Support@71/68

Book Value - 35

Dividend Yield - 5%

FV - Rs.2

Market cap - 280cr

Almost Debt free

Good Roce & Roc.consitent good Dividend Payout

Technically Trading Above all Important moving avgs

NIFTY

HITS 16525 ✅

High - 16565

Hope All made money in this upmove

Nifty 15184 To 16500++

Ador frontech

Lows - 75.60

Good to add on dips near support @ 71 & 68

Can give 40% To 50%++ upside in next 6 to 9 months

S/L - 63.40 on cbsl or As per Risk

Maulik Mehta, CEO & ED, Deepak Nitrite Ltd, in a candid interview with Fortune India talks about the global push by customers to source Chemicals manufactured in India, increasing in coming years as a part of China+1 strategy. Read more: https://t.co/MbzSfKKqHf #MakeInIndia https://t.co/9PQC3pxWTS

India going strong relative to other countries 💪

While $ has hit ₹80

we have been relative outperformers vs other Nations

MFL

Yest Low @ 1560

Lows Till now @ 1573

Fy23 Q1 Numbers & Concall Today

Watch out for move above 1630 today & in coming week