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Clean science falling wedge breakout on weeklyBuy clean science for longerterm ABOUT Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole). KEY POINTS Product Segments & Revenue split FY22 Performance chemicals (70%): 4 key products are MEHQ, BHA, AP and TBHQ. Geography-wise Revenue Classification Leading Manufacturer of Green Chemistry Green chemistry is an emerging focus among manufacturing industries that minimizes pollution at a molecular level and Clean science works on developing eco-friendly and sustainable manufacturing processes of specialty and fine chemicals and is one of the global leaders in its key products including monomethyl ether of hydroquinone, butylated hydroxyanisole, anisole, and 4-MAP, besides in other key products including guaiacol and DCC Product Application Company's products include Anisole, MEHQ, Guaiacol, MAP, BHA, Ascorbyl Palmitate. These are used as key starting level materials, as inhibitors or as additives by diverse Industries such as Textiles, FMCG, Agriculture, Personal Care, and many others. Its Key customers include Bayer AG, SRF Ltd, Gennex Laboratories, Nutriad International NV and Vinati Organics. **International Footprints ** The company supplies its products to manufacturers and distributors in India as well as overseas markets i.e. China, Europe, USA, Korea, Taiwan, and Japan. Bayer AG, Genex Laboratories Limited, Nutriad International NV, SRF Limited, Vinati Organics are a few of its customers. In FY 22, it generated 70 % of revenues through export outside India Manufacturing Facilities It has 3 certified production facilities in India strategically located at Kurkumbh (Maharashtra), in close proximity to the JNPT port from where it exports the majority of products. Each facility has an on-site R&D unit, quality control department, warehouse, and effluent treatment system. CAPEX In FY22, co. incurred ₹140 Crores, capex towards unit three primarily. All capex was funded from internal accruals. Majority Capex was undertaken at unit three where they commissioned two plants, PBQ and TBHQ, which are newer products. Doubled anisole capacity and increased BHA capacity by 50%. Increased capacities of MEHQ and Guaiacol by 50% and the plant was commissioned in April 2022. They are also in the process of doubling PBQ capacity,completion expected in the second half FY23. R&D Breakthrough in FY21 The Co. successfully developed key products in HALS series using in-house R&D capabilities and has become the first Indian company to develop HALS series which find application in diverse end industries including polymerization inhibitor, water treatment, paint industry, coatings industry, etc. The company plans to commercialize this product by H2 FY2023. Revenue Concentration In FY22, revenue from a single customer accounted for 12.5% of the total revenues. IPO Details The Company got listed on Jul 19, 2021, the IPO size of the company was 1546 Cr of which the entire issue was an Offer for sale. Incorporation of subsidiary During FY22, co. incorporated a new WOS to manufacture speciality chemicals including the HALS series under the name “Clean Fino-Chem Limited” with an initial Capital of 10 lakhs Subsequently, the Company made additional equity investments of 55 crores in CFCL. The greenfield Capex on an acquired 34-acre land parcel will be undertaken through this subsidiary.
NSE:CLEANLong
by shah43nirav
Resistance 1/Target 1 achieved in SHANTIGEAR. Resistance 2 is ONThis is follow-up on Shanthi Gears. Can also check link to related ideas. Resistance 1/Target 1 achieved. Resistance 2/Target 2 is ON as it is trading above resistance line of 255.45. Has moved more than 60% since breakout at 180.40. Here is previous chart. Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SHANTIGEARLong
by MandeepSinghKohli
3
Gspl price volume action multiple breakout Buy gspl cmp 294 cmp tgt 350-400-450-500 ABOUT Gujarat State Petronet Limited is a Public Limited Company incorporated under The Companies Act,1956. Further it is a Government Company u/s 2(45) under the Companies Act,2013. Gujarat State Petronet Limited alongwith its subsidiaries is primarily engaged in transmission of Natural gas through pipeline. Further it is engaged in business of implementing and operating City Gas Distribution and generation of electricity through windmills. KEY POINTS Gas Transmission Business The company is the second largest player in terms of gas transmission pipeline network operator in the country with its 2,694 km long pipeline network connecting various cities from Vapi to Jafrabad. GSPL has a well-established network in Gujarat having control over 25 out of 33 districts. During FY20, It commissioned the Pipavav- Gundala pipeline thereby providing natural gas connectivity to Projects at Dahej-SEZ, Gundala, Anjar. User Industries The company is involved in supplying gas to various customers from several industries which includes refineries, steel plants, Power plants, Textile companies, Chemical companies, City Gas Distribution companies, Fertilisers plant, Petrochemical plants, Glass Industries, etc. Product wise Revenue Break up In FY20, The company had ~15% of revenues from transportation of gas through its pipeline network and ~ 84% of revenues from sale of natural gas primarily through its subsidiary Gujarat Gas Ltd. Gujarat Gas Limited (~54% stake) - It is a subsidiary which is India's largest city gas distributor having its presence across 42 districts in the states of Gujarat, Punjab, Haryana, Rajasthan, MP, Maharashtra, Union territory of Dadra and Nagar Haveli. It is supplying gas to more than 14.4 lakhs residential, over 12,600 commercial & non commercial segments and 3,700 industrial customers. It is also supplying natural gas in the form of Compressed Natural Gas through 403 CNG stations catering to the automotive sector in operational areas. It became a subsidiary after the company increased its stake in Gujarat Gas from ~26% to ~54% in FY18. Special Purpose Vehicles The company is implementing cross-country natural gas transmission pipelines through special purpose vehicles i.e. GSPL India Gasnet Ltd and GSPL India Transco Ltd. It holds 52% stake in both these SPVs. Expansion Plans The company has undertaken the expansion of its Gas Transmission pipeline linking northern and western regions. The pipeline will link Mehsana in Gujarat to Bathinda in Punjab at a cost of ~5,500 crore INR. Part of GSPC The company is promoted by Gujarat State Petroleum Corporation Ltd which is one of the leading oil & gas exploration, development and production companies in India. It is promoted by the Government of Gujarat along with its public sector undertakings.
NSE:GSPLLong
by shah43nirav
TATA MOTORS Weekly ChartAccording to the weekly chart analysis, TATAMOTORS has been experiencing a prolonged downtrend. However, there is a possibility of a significant upward movement if the stock breaks out of this downward trend. TATAMOTORS is the largest player in the electric vehicle market in India, making it an attractive investment opportunity. As a result, we are monitoring the stock closely and waiting for a breakout of the downtrend to take advantage of the potential profits that could be made.
NSE:TATAMOTORSLong
by HSJNFinWisdom