BASF India Ltd, Cyient Ltd, Route Mobile Ltd and JTL Industries Ltd are among the other losers in the BSE’s ‘A’ group today, 26 July 2024.

MMTC Ltd leads losers in ‘A’ group

In India, the flocculants business for mining applications, forms part of the Performance Chemicals Division of Industrial Solutions Segment of BASF India. The flocculants business generated net sales of approx. Rs. 27.7 crore representing 0.20 % of the total sales for the financial year ended 31 March 2024.

Corporate

BASF to sell its flocculants business for mining applications to Solenis

BASF India Share Price: The decline in stock price occurred following the announcement that BASF SE, the parent company, would sell its flocculants business for mining applications to Solenis

BASF India parent firm to sell flocculants biz to Solenis, stock down 3%

While margins have dipped from around 22 per cent to 17 per cent during FY2021-24, they are expected to improve from FY26 onwards

Specialty chemicals shares rally up to 9%; BASF, Bhansali hit 52-wk highs

The reactors were dispatched by the heavy engineering vertical of Larsen & Toubro for a project of chemical giant BASF in China.

L&T Dispatches Ethylene Oxide Reactors To China

Efficon is highly effective on multiple life stages of target pests like aphids, jassids and white flies and quickly stops insects from feeding and plant injury upon application, BASF said in a statement.

BASF Introduces Efficon, Potent Insecticide Effective Against Aphids, Jassids, And White Flies

Digicides, an agri-tech start-up, expands operations to Asia Pacific region, partnering with Syngenta Philippines and BASF Philippines. Platform aims to streamline farmer communication and info dissemination, with 150+ orgs in India and 2.7 crore verified farmers. Asia-Pacific agri-food tech financi…

Digicides expands agri-tech footprint to Philippines, collaborating with Syngenta and BASF

BASF Standalone June 2023 Net Sales at Rs 3,374.65 crore, down 13.2% Y-o-Y

BASF downgrades 2023 outlook following other global chemical players who are cautious on demand outlook for the year.  Sonal Bhutra explains on Insight Edge.

#chemicalcompanies #global #basf #earnings #q1fy24 #stockmarket #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ
SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf
---------------------------------------------------------------------------------------------------------------------
                               👑 Check Out Top CNBC TV18 Playlist Videos: 

🔹CNBC TV18 Classic Interviews: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDmfXVg7XEQngsCY9RoS-fv

🔹CNBC TV18 Digital: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDCcaVZ_82M9vhLo9lGJYzo

🔹CNBC TV18 Weekend Special: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBHEa5NnoKuUsX5GwxEGuri

🔹CNBC TV18 Next-Gen: https://www.youtube.com/playlist?list=PLjq9mRS1PfGA6roe9q3J9fq_gBIDjX2w7

🔹Overdrive Show: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCnSVjfbWfNCJLrv-CqfGmH
🔹CNBC TV18 Newsreels: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCmABWWQRX4NqGLCtScwqex

🔹Young Turks: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBZaN1e38X2ZmevnU1e1NJs

🔹Starup Streets: https://www.youtube.com/playlist?list=PLjq9mRS1PfGD3CzrtMr_VJRbIly6sfyFI

------------------------------------------------------------------------------------
You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News
Follow us on Instagram: https://www.instagram.com/cnbctv18india/
Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18
n18oc_business

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

BASF Cuts Its 2023 Earnings Guidance Due To Weak Demand | CNBC TV18

FIIs also raised their stake in Sheela Foam, Tata Coffee, Akzo Nobel India, BASF India, Datamatics Global Services, Garden Reach Shipbuilders & Engineers, PSP Projects, Honda India Power Products and Hindustan Copper during the same period.

Shares to buy! FIIs go big on these 29 stocks for 6th straight quarter

Chemicals manufacturer BASF on Wednesday posted a 45 per cent decline in net profit at Rs 82.39 crore in the March quarter.

BASF net profit falls 45% YoY to Rs 82.39 crore in Jan-Mar quarter

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

BASF India Limited is engaged in providing chemicals, plastics, performance products and crop protection products. The Company's segments include Agricultural Solution, Performance Products, Chemicals, Functional Materials & Solutions, and Others.

BASF India Ltd