Today was the analyst conference of Galaxy Surfactants.
Delighted to see another one of the unlisted babies hatching.
Source: Amit Kumar Gupta
GNFC is the largest producer of Toulene Di-Isocyanate (TDI) in India with a production capacity of 65,000 tonnes per annum
As TDI prices have soared, so has the Company’s revenues and profits resulting in the stock price increasing by 5x in the last two years.
Conversely,consumers of TDI have borne the brunt of the price increase.
Now as the conference call transcripts of Sheela Foam indicates, a relief for them is around the corner.
Hat Tip: Deepak Kapur
From SEBI (Prohibition of Insider Trading) Regulations,2015
If SEBI were to actually implement this, most of Dalal Street’s finest-including MF Fund Managers,PMS Managers,Research Analysts etc-will be behind bars.