Himadri Speciality Chemicals Stock Research

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Himadri Speciality Chemicals Detail

Himadri Speciality Chemicals is in portfolio of Dilip Kumar Lakhi. He is one of the top investors in India. The company belongs to Mining sector. 

As per the Company website it is amongst the few completely integrated specialty carbon company. It is headquartered in India and has eight manufacturing sites. Out of eight manufacturing sites seven are situated in India and rest are situated in China.

Below are the products created by the Company. I have also listed industries in which products created by the Company are used. This will help you understand application of the products as well.

  • Advanced Carbon Materials
  • Carbon Black
  • Coal Tar pitch
  • Naphthalene Derivatives
  • Specialty Oils
  • Corrosion protection
  • Power
  • Sulphonated Naphthalene Formaldehyde
  • Poly Carboxylate Ether

The products from the Company find use in various industries like

  • Lithium Ion Battery
    • Company developed Anode materials using Advanced Carbon Materials
  • Aluminium
    • Coal tar pitch used in extracting Aluminum from Alumina
  • Graphite
    • Coal tar pitch is used as binder and impregnating material.
  • Infrastructure / Construction
    • SNF and PCE improve cement mix
  • Tyres
    • Carbon black is key raw material in Tyre industry
  • Mechanical Rubber Goods
    • Carbon black is used in Mechanical rubber products like Belts etc
  • Plastics
    • Used in Plastic industry as colorant
  • Dyes and Intermediates
    • Naphthalene is used in Dye intermediates
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It is one of the largest Coal tar producing Company in India. The Company has registered and Corporate office in Kolkata.

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

Himadri Speciality Chemicals Stock Performance

The stock has given multi bagger returns to investors. It was a Penny stock trading at 25 paisa in year 2002. It is now trading at 100 INR so from that point this date it has given excellent returns to investors.

It has given shocks to investors as well during the long journey be it in year 2008 of global crisis or year 2013 or 2016. The Company corrected around 50% from the top and made life tough for investors.

Looking at above price performance Investors should be cautious investing at current market price. The reason is simple Stock has never traded above 50 mark in past. It touched it once before. Also it is in down trend as of now which may continue. So if interested people should wait for prices to stabilize before doing any trade.

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Himadri Speciality Chemicals My Opinion

Himadri Speciality Chemicals is an Chemicals Company. It is the largest Coal Tar Company in India with international presence. The Company operates in niche product segment as most of the products are related to Carbon only.

I like this niche focus of small companies. This helps them focus on one product segment and excel in it. This gives them advantage in the sector. This Company is specially doing it.

I am very much interested into Lithium Ion application of the Advanced Carbon materials product as explained by Company on its website. Lithium Ion will be used in Electrical vehicles going forward and is used in mobiles nowadays. So it has demand in market. As of now Indian battery companies are in nascent stage to create Lithium Ion battery.

If Company products are somewhat helpful in that field it will be great growth trigger for the Company. I will like to wait for further developments before jumping on it. Electrical vehicles are growing big in World and India will sooner and later adopt it on Grand scale. I will be tracking the Company due to this development.

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In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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