CA_Chetanbhasin

BASF Results

Long
NSE:BASF   BASF INDIA
Solid Results by #BASF India
Revenue 🔼15% QoQ at 3887Cr vs 29% YoY
EBIDTA 🔼 39% QoQ at 313Cr vs 7% YoY
PBT 🔼 48% QoQ at 264 Cr vs 6% YoY

Segments
Agri solution witness jump of 55% QoQ, Margins improved to 15%
Suface technology turned profitable segment with margins 6% vs -7%

*Technically*- Stock on verge of breakout on Weekly chart, Expect levels of 3100/3700++


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