Manali Petrochemicals Ltd. in Chennai announces NGT’s recommendation to create a corpus fund for environmental improvement in Manali Industrial area. Company adheres to prescribed norms, unable to quantify impact of judgement on business.

NGT wants industrial area to create green corpus fund: Manali Petrochemicals

Manali Petrochemicals Ltd (MPL) has informed exchanges that it has got a certificate of incorporation for its wholly-owned subsidiary, Manali Speciality Pvt Ltd.

Manali Petrochemicals incorporates specialty chemicals subsidiary

PennWhite Ltd, a UK-based speciality chemicals manufacturer and a subsidiary of Manali Petrochemicals, has appointed Tobias Tasche as the Chief Executive Officer of the company

Manali Petrochemicals’ UK arm names Tobias Tasche as CEO

Manali Petrochemicals aligns leadership team to drive future growth

Manali Petrochemicals will pick up a minor stake in First Energy Pvt Ltd, a Thermax group company, for procurement of power (solar and wind) under a captive generation scheme. The transaction is for a cash consideration of ₹3.56 crore.

Manali Petrochemicals to pick minor stake in First Energy

Revenue from operations, on a y-o-y basis, dropped by 26% to ₹266-cr in the latest quarter as against ₹361-cr for the corresponding quarter of FY22

Manali Petrochemicals Q4 net profit slumps 98% to ₹1.33 crore

Manali Petrochemicals Ltd., (MPL) reported standalone net profit for March quarter contracted to ₹1.33 crore year-on-year from ₹72 crore on account of continuous increase in input costs and global southward volatility in selling prices.

Manali Petrochemicals Q4 net skids on higher input costs

Manali Petrochemicals Q3 net plunges to ₹64 lakh

Penn Globe is a market leader in foam control agents and chemical products

Chennai-based Manali Petrochemicals acquires UK-based Penn Globe

Manali Petrochemicals completed acquisition of Penn Globe

MPL would fortify its progress in new technologies while enhancing the efficiencies of existing systems and applications. It would help augment the company’s capabilities in catering to its global customer base. Manali Petrochemicals Ltd is looking at implementing and scaling new technologies across…

Manali Petrochemicals completes acquisition of Penn Globe Ltd

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less 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

Manali Petrochemicals Limited (MPL) is engaged in the business of manufacture of petrochemicals. The Company is engaged in offering polyols and propylene glycol.