HAL

BLASTING MORE 8%

1188

WE GAVE UPDATE

955 TO 1188 DONE TILL NOW

ENJOY

DELTA CORP READY TO CROSS

117.50

BIG RALLY COMING

IOL AGAIN BACK IN ACTION

ABOVE 800 LEVELS ONCE AGAIN

EXPECTING TO CROSS 1000 BY Q2 RESULTS

DELTA CORP CROSSING 117.50

DELTA CORP IS OUR 5X STOCK MINIMUM

https://wealthcreatures.com/2020/04/13/sbi-cards-only-listed-player-in-credit-available-33-below-ipo-price-value-buy-or-more-pain-coming/

SBI CARDS NEW 52wk HIGH 810

CROSSING IPO PRICE OF 755 ALSO

WE PICK ROCK BOTTOM @501

501 TO 810 DONE TILL NOW

1000 WE CAN SEE IN 2020 ONLY.

POSSIBLE TEST LEVELS FOR INVESTMENT

1000/1250/1500+

Delta Corp

Accumulate Zone : 112-116

SL 99

T 140

Delta corp is positional

It might take few days..

Venkys

1190 to 1250 after our update

In 5 mins

https://wealthcreatures.com/2020/03/30/deepak-fertliser-and-petrochemicals-can-it-again-rise-like-leader/

THOSE WHO MISSED TO ADD @72

ACCMULATE BWT - 140 - 160 ZONE

CMP - 160

EXPECTING GOOD MOVE IN COMING DAYS

ONCE CROSSED 176 BIG RALLY COMING

NEXT 2 TO 3 QTR GOOD NUMBERS EXPECTED

VENKYS 20% UC COMING

Results r out.

Seems that they r weak.

Keep SL

UPDATE

VENKYS NOW TRADING ABOVE 1320

NOW UP

17%

1343

20% circuit candidate told when was only 10% UP

WE TOLD & SEE ITS COMMING

VENKYS LOCKED IN 20% UC

1373

Enjoy 20% MOVE

TVSSHRI

SL Hits..

Exited.

Just Remember 1 Thing.

SL is a Part of this Game.

So do not hesitate to get out when SL Point hits..

HAL

BLAST

💥💣

ONE MORE STOCK 20% UC

HAL

1318

955 TO 1318 DONE TILL NOW

POSITIONAL CAN TEST # 1500/1750

SHORT TERM BOOK PROFITS OR TRAIL AS PER RISK

DEEPAK NITRITE – Q1-FY21 CONFERENCE UPDATE & MANAGEMENT COMMENTRY

• Operated little less than 2 months in Q1.

• DASDA & OBA prices have normalised now – as the plant issues in china have stabilised and the demand from the final segments (paper etc) was also low.

• 65% capacity utilization for the quarter.

• Many players are looking to move away from China – this has helped us in strengthening our market position.

• Deepak Phenolics re-opened in early May. Domestically the demand and prices of phenol has reduced, so we increased our exports.

• We opened IPA this quarter (30 KT) commissioned by our own team. Already been ramped up to 110% of its capacity.

• IPA & Acetone saw a strong pull by Pharma.

• Export- 18% degrowth.

• Expanding IPA to 60 KT – fasttrack manner, to be completed in the next 9 months. A large co-gen power plant expansion to be completed as well

• Basic Chem (43%) – 32% degrowth, Fine & Spl (40%) – Grew by 21%, Perf Chem (17%) -76% contraction

• We are using 30% of phenol captively, the expansion of IPA will increase this to 60%

• Fine and Spl Chem – is doing well, demand is growing for agro and pharma and margins are better. Depreciating rupee is also helping us

• Domestic margins are better than export margins in phenol. But the demand was weak this quarter domestically, so we exported. Running at 100%. EBITDA was 80-85 cr

• Brownfield capacity expansion in phenolics in Q3 & Q4 – IPA & Cogen (only improve bottom line)

• Deepak N brownfield expansion – agro chem intermediates, intermediates going into pharma or personal care

• Price today is abnormally low – DASDA & OBA. As demand is abnormally low too

• Value added products of Acetone & Phenol – not in line with fine and speciality, but lower

• We look for a payback less than 3 years – then we go ahead and invest. Sometimes 4 years

• Our competitor uses propylene and we use acetone for IPA – IPA from acetone is only viable if you have your own acetone, which is our natural strength

• IPA is exported also – the demand of IPA is 2 lac T, the current capacity is 1 lac Ton in India. There is more than normal headroom

• Acetone to IPA is 1:1

• Capex – 200 cr at DEEPAK NITRITE LTD& 200 cr at DEEPAK PHENOLIC LTD. FY21

• Fine and Spl margins will be between 38-42% mostly, can go upto 45% as well, but 38-42% is a better range

• Expecting an Asset turnover of 2:1, for the capex. With a payback period of 3-3.5 years.