Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The capital cost for these capital expenditure schemes shall be met from Company’s internal accruals.

Supreme Petrochem board approves phase II expansion of EPS plant; Stock soars 3.5%

Supreme Petrochem advanced 3.99% to Rs 750.45 after the company’s board approved the phase-II expansion of its expandable polystyrene plant at Nagothane, Maharashtra, by 30,000 million tonnes per annum.

Supreme Petrochem gains after board OKs multiple capex plans

The Company has already entered into an agreement for License and Basic Engineering Design for Line I of 70 KTA with M/s Vesralis-Eni Chemicals Group. The total project cost for both Lines shall be funded from the Company’s own funds.

Supreme Petrochem update on two-line mABS project in Raigad, Maharashtra

Supreme Petrochem standalone net profit declines 4.13% in the December 2021 quarter

Supreme Petrochem (SPL) and Versalis - Eni’s Chemical Company, technology leader in the chemical industry and one of the largest producers of polymers in Europe, have signed continuous mass ABS technology License and Basic Engineering design

Supreme Petrochem and Versalis S.p.A. ink mass ABS technology License

Supreme Petrochem (SPL) added 2.43% to Rs 718.10 after the company signed a mass ABS technology license agreement with Italian chemical company Versalis.

Supreme Petrochem rises on technology license agreement with Versalis

The addition of Versalis’ proprietary mass ABS technology expands Supreme Petrochem’s leadership position in Styrenics polymers in India.

Supreme Petrochem and Versalis S.P.A. ink mass license agreement for 70 KTY ABS unit; Stock soars

Supreme Petrochem had temporary shut down Manali plant due to heavy rains in Chennai earlier this month.

Supreme Petrochem gains 1% on restoration of production activity at EPS Plant in Manali, Chennai

1) DIXON TECHNOLOGIES
Acer India and Dixon Technologies join hands to manufacture laptops under the “Make in India” initiative
The state-of-the-art unit will have capacity to manufacture upto 5 lacs Acer laptops annually

 2) SUPREME PETROCHEM:
The Company restarted production at its EPS plant in Manali, Chennai, which was temporarily shut down due to heavy rains and flooding earlier this month.

3) SIEMENS: Earnings
Strong on sales, but EBITDA margins below Nomura estimates. Impact due to commodity and logistics cost increases
Q4, Cons
Rev at 4296.1 cr vs 3546.8 cr
PAT at 321.6 cr vs 330.2
Margins 10.5% vs 12.9%

4) PIDILITE INDUSTRIES:
Cos unit agrees to invest Rs1.56 cr for a 19.5% stake in Constrobot Robotics

5) CAPRI GLOBAL CAPITAL:
Capri Global partners with state-run Union Bank of India for co-lending to medium and small companies.

6) COAL INDIA
The company said rising costs mean it’s inevitable that it will be forced to hike prices of supplies in long-term deals to protect profitability.
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Stocks to Watch today: Dixon Technologies, Supreme Petrochem and more

The water level has started receding and it will take about one week’s time for restoring the operations completely.

Supreme Petrochem temporary shuts down Manali plant due to heavy rains in Chennai

Supreme Petrochem Q2 Review - Revenue In Line, Higher Costs Impact Operating Performance: KRChoksey

Supreme Petrochem Ltd is engaged in manufacturing and trading of petrochemicals. The Company's primary business segment is Styrenics.

Supreme Petrochem Ltd

Supreme Petrochem Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Supreme Petrochem board approves phase II expansion of EPS plant; Stock soars 3.5%

Supreme Petrochem gains after board OKs multiple capex plans

Supreme Petrochem update on two-line mABS project in Raigad, Maharashtra

Supreme Petrochem standalone net profit declines 4.13% in the December 2021 quarter

Supreme Petrochem and Versalis S.p.A. ink mass ABS technology License

Supreme Petrochem rises on technology license agreement with Versalis

Supreme Petrochem and Versalis S.P.A. ink mass license agreement for 70 KTY ABS unit; Stock soars

Supreme Petrochem Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Supreme Petrochem board approves phase II expansion of EPS plant; Stock soars 3.5%

Supreme Petrochem gains after board OKs multiple capex plans

Supreme Petrochem update on two-line mABS project in Raigad, Maharashtra

Supreme Petrochem standalone net profit declines 4.13% in the December 2021 quarter

Supreme Petrochem and Versalis S.p.A. ink mass ABS technology License

Supreme Petrochem rises on technology license agreement with Versalis

Supreme Petrochem and Versalis S.P.A. ink mass license agreement for 70 KTY ABS unit; Stock soars

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock