PCBL Ltd, formerly known as Phillips Carbon Black Ltd, is expecting further improvement in financial performance with improved operating efficiencies and additional capacities getting commissioned.

PCBL to penetrate new geographies, expand global footprint and launch a slew of products

Domestic brokerage firms continue to remain positive on PCBL, formerly known as Phillips Carbon Black which is a part of RP Sanjiv Goenka Group.

PCBL shares set for up to 75% rally after 3x return in three years, brokerages suggest

The cost of the PCBL’s project is around ₹650 crore for 147,000-tonne carbon black manufacturing and ₹150 crore for the 24 MW captive power plant.

Phillips Carbon Black starts commercial production in Tamil Nadu

PCBL Ltd., incorporated in the year 1960, is a Small Cap company (having a market cap of Rs 4687.14 Crore) operating in Tyres sector.

Buy Phillips Carbon Black, target price Rs 275: HDFC Securities

The bias is turning bearish on the charts of Phillips Carbon Black. The stock has been falling consecutively over the last four weeks. It is down 17 per cent over this period.This fall has broken the

Technical Call : Sell Phillips Carbon

Phillips Carbon Black consolidated net profit rises 110.49% in the September 2021 quarter

Phillips Carbon Black standalone net profit rises 111.16% in the September 2021 quarter

On a consolidated basis, Phillips Carbon Black’s net profit jumped 110.17% to Rs 122.09 crore on a 60.81% surge in revenue from operations to Rs 1,067.60 crore in Q2 September 2021 over Q2 September 2020.

Phillips Carbon Black Q2 FY22 PAT doubles to Rs 122 cr

GAIL (India) Ltd, Ingersoll-Rand (India) Ltd, Phillips Carbon Black Ltd and Solara Active Pharma Sciences Ltd are among the other losers in the BSE’s ‘A’ group today, 07 October 2021.

Oil & Natural Gas Corpn Ltd leads losers in ‘A’ group

The company issued 16,393,442 equity shares to 20 qualified institutional buyers at the issue price of Rs244 per equity share.

Phillips Carbon Black closes QIP issue after raising Rs400cr; Stock trades flat

The company closed its qualified institutional placement (QIP) issue on Tuesday and raised Rs 400 crore by issuing over 1.63 crore shares at Rs 244 each.

Phillips Carbon Black closes QIP issue, raises Rs 400 cr

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced and in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

PCBL Limited, formerly Phillips Carbon Black Limited, is carbon black manufacturer.