INDOBORAX
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- 6M
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Recent events
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News
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Corporate Actions
India's Indo Borax gains on customs demand reprieve, capacity expansion plans
** Shares of Indo Borax and Chemicals IBCH.NS jump 4.8% to 205.94 rupees apiece, a six-month high
** The boron and lithium products maker gets a customs demand reprieve worth 105.7 million rupees from the Office of the Commissioner of Customs in Mumbai, post market hours on Friday
** On Monday, IBCH announces it will launch a high-value boron oxide product in July 2025
** IBCH says it is setting up manufacturing facilities with a capex outlay of 200 million rupees at its Pithampur plant in Indore, Madhya Pradesh
** IBCH also aims to add 4000 million tonnes per annum in additional capacity from the plant within a year
** Trading volume is 150,176 shares as of 1:11 p.m. IST, 2.5times the 30-day average, data compiled by LSEG shows
** Stock up 9.5% in 2025, so far including today's gains exchange data shows
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Indo Borax and Chemicals IBCH.NS jump 4.8% to 205.94 rupees apiece, a six-month high
** The boron and lithium products maker gets a customs demand reprieve worth 105.7 million rupees from the Office of the Commissioner of Customs in Mumbai, post market hours on Friday
** On Monday, IBCH announces it will launch a high-value boron oxide product in July 2025
** IBCH says it is setting up manufacturing facilities with a capex outlay of 200 million rupees at its Pithampur plant in Indore, Madhya Pradesh
** IBCH also aims to add 4000 million tonnes per annum in additional capacity from the plant within a year
** Trading volume is 150,176 shares as of 1:11 p.m. IST, 2.5times the 30-day average, data compiled by LSEG shows
** Stock up 9.5% in 2025, so far including today's gains exchange data shows
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Indo Borax And Chemicals Says Custom Department Drops Demand Notice Of 105.7 Mln Rupees
June 6 (Reuters) - Indo Borax and Chemicals Ltd IBCH.NS:
CUSTOM DEPARTMENT DROPS DEMAND NOTICE OF 105.7 MILLION RUPEES
Source text: ID:nBSE3cXKdH
Further company coverage: IBCH.NS
(([email protected];;))
June 6 (Reuters) - Indo Borax and Chemicals Ltd IBCH.NS:
CUSTOM DEPARTMENT DROPS DEMAND NOTICE OF 105.7 MILLION RUPEES
Source text: ID:nBSE3cXKdH
Further company coverage: IBCH.NS
(([email protected];;))
Indo Borax And Chemicals Gets Consent To Operate Permission For Madhya Pradesh Plant
Nov 13 (Reuters) - Indo Borax and Chemicals Ltd IBCH.NS:
CO RECEIVED CONSENT TO OPERATE PERMISSION FROM MADHYA PRADESH FOR NEW PLANT
Source text for Eikon: ID:nBSE4cMy5g
Further company coverage: IBCH.NS
(([email protected];))
Nov 13 (Reuters) - Indo Borax and Chemicals Ltd IBCH.NS:
CO RECEIVED CONSENT TO OPERATE PERMISSION FROM MADHYA PRADESH FOR NEW PLANT
Source text for Eikon: ID:nBSE4cMy5g
Further company coverage: IBCH.NS
(([email protected];))
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Popular questions
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What does Indo Borax & Chem. do?
Indo Borax & Chemicals Limited operates a modern Boric Acid and Borax plant in Madhya Pradesh, focusing on the production of Boron products including pharmaceutical grade materials.
Who are the competitors of Indo Borax & Chem.?
Indo Borax & Chem. major competitors are Ganesh Benzoplast, A-1, Naperol Investments, Sunshield Chemicals, Vinyl Chemicals, Amal, Black Rose Inds.. Market Cap of Indo Borax & Chem. is ₹706 Crs. While the median market cap of its peers are ₹662 Crs.
Is Indo Borax & Chem. financially stable compared to its competitors?
Indo Borax & Chem. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Indo Borax & Chem. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Indo Borax & Chem. latest dividend payout ratio is 8.23% and 3yr average dividend payout ratio is 7.69%
How has Indo Borax & Chem. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Indo Borax & Chem. balance sheet?
Balance sheet of Indo Borax & Chem. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Indo Borax & Chem. improving?
The profit is oscillating. The profit of Indo Borax & Chem. is ₹42.51 Crs for TTM, ₹38.98 Crs for Mar 2024 and ₹51.11 Crs for Mar 2023.
Is the debt of Indo Borax & Chem. increasing or decreasing?
Yes, The net debt of Indo Borax & Chem. is increasing. Latest net debt of Indo Borax & Chem. is -₹39.71 Crs as of Mar-25. This is greater than Mar-24 when it was -₹240.71 Crs.
Is Indo Borax & Chem. stock expensive?
Yes, Indo Borax & Chem. is expensive. Latest PE of Indo Borax & Chem. is 16.61, while 3 year average PE is 11.98. Also latest EV/EBITDA of Indo Borax & Chem. is 14.52 while 3yr average is 8.61.
Has the share price of Indo Borax & Chem. grown faster than its competition?
Indo Borax & Chem. has given better returns compared to its competitors. Indo Borax & Chem. has grown at ~32.31% over the last 6yrs while peers have grown at a median rate of 29.32%
Is the promoter bullish about Indo Borax & Chem.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Indo Borax & Chem. is 50.8% and last quarter promoter holding is 50.8%.
Are mutual funds buying/selling Indo Borax & Chem.?
There is Insufficient data to gauge this.