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- GHCL
GHCL
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Recent events
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News
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Corporate Actions
GHCL Gets Order Confirming Total Tax Demand Of 48.2 Mln Rupees
Feb 5 (Reuters) - GHCL Ltd GHCH.NS:
GOT ORDER CONFIRMING TOTAL TAX DEMAND OF 48.2 MILLION RUPEES
Source text: ID:nNSE1thSVP
Further company coverage: GHCH.NS
(([email protected];;))
Feb 5 (Reuters) - GHCL Ltd GHCH.NS:
GOT ORDER CONFIRMING TOTAL TAX DEMAND OF 48.2 MILLION RUPEES
Source text: ID:nNSE1thSVP
Further company coverage: GHCH.NS
(([email protected];;))
GHCL Gets Environment Clearance For Soda Ash Green Field Project In Kutch
Dec 12 (Reuters) - GHCL Ltd GHCH.NS:
GOT ENVIRONMENT CLEARANCE FOR SODA ASH GREEN FIELD PROJECT IN KUTCH
Source text: ID:nNSE33MgLl
Further company coverage: GHCH.NS
(([email protected];;))
Dec 12 (Reuters) - GHCL Ltd GHCH.NS:
GOT ENVIRONMENT CLEARANCE FOR SODA ASH GREEN FIELD PROJECT IN KUTCH
Source text: ID:nNSE33MgLl
Further company coverage: GHCH.NS
(([email protected];;))
India's GHCL jumps on board nod for salt field capex
** Shares of GHCL GHCH.NS rise 5.3% to 605.9 rupees, set for their best day in nearly a month
** Industrial salt and soda ash manufacturer approves additional capex of 3.5 billion rupees ($41.5 million) for development of a salt field in the Indian state of Gujarat
** GHCH on track to rise for fourth straight session, gaining ~9% in the period
** Stock swings to YTD gains after day's move, last up ~4% so far in 2024
($1 = 84.4200 Indian rupees)
(Reporting by Nishit Navin)
(([email protected];))
** Shares of GHCL GHCH.NS rise 5.3% to 605.9 rupees, set for their best day in nearly a month
** Industrial salt and soda ash manufacturer approves additional capex of 3.5 billion rupees ($41.5 million) for development of a salt field in the Indian state of Gujarat
** GHCH on track to rise for fourth straight session, gaining ~9% in the period
** Stock swings to YTD gains after day's move, last up ~4% so far in 2024
($1 = 84.4200 Indian rupees)
(Reporting by Nishit Navin)
(([email protected];))
GHCL To Consider Proposal For Approval Of Additional Capital Expenditure
Nov 22 (Reuters) - GHCL Ltd GHCH.NS:
GHCL LTD - TO CONSIDER PROPOSAL FOR APPROVAL OF ADDITIONAL CAPITAL EXPENDITURE
Source text: ID:nBSE2d3J8W
Further company coverage: GHCH.NS
(([email protected];;))
Nov 22 (Reuters) - GHCL Ltd GHCH.NS:
GHCL LTD - TO CONSIDER PROPOSAL FOR APPROVAL OF ADDITIONAL CAPITAL EXPENDITURE
Source text: ID:nBSE2d3J8W
Further company coverage: GHCH.NS
(([email protected];;))
India's GHCL swings to YTD gains after Q2 profit rise
** Shares of GHCL GHCH.NS jump as much as 9.4% to 615.50 rupees, their sharpest intraday pct gain since Aug. 20
** The chemical co on Tuesday reported an 8.4% Y/Y increase in Q2 consolidated net profit
** Q2 revenue from ops fell 1.6%, while total expenses dropped 1.8%
** Stock on track for a third straight session of gains, if trend holds
** More than 721,000 shares change hands, 3.8x of 30-day avg
** Stock swings to YTD gains after day's move, last up 3.8% so far in 2024
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of GHCL GHCH.NS jump as much as 9.4% to 615.50 rupees, their sharpest intraday pct gain since Aug. 20
** The chemical co on Tuesday reported an 8.4% Y/Y increase in Q2 consolidated net profit
** Q2 revenue from ops fell 1.6%, while total expenses dropped 1.8%
** Stock on track for a third straight session of gains, if trend holds
** More than 721,000 shares change hands, 3.8x of 30-day avg
** Stock swings to YTD gains after day's move, last up 3.8% so far in 2024
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
GHCL Sept-Quarter Consol Net Profit 1.55 Bln Rupees
Oct 29 (Reuters) - GHCL Ltd GHCH.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.55 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.93 BILLION RUPEES
Source text: ID:nBSE4G4F3J
Further company coverage: GHCH.NS
(([email protected];;))
Oct 29 (Reuters) - GHCL Ltd GHCH.NS:
SEPT-QUARTER CONSOL NET PROFIT 1.55 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.93 BILLION RUPEES
Source text: ID:nBSE4G4F3J
Further company coverage: GHCH.NS
(([email protected];;))
GHCL Approves Capex Of 500 Mln Rupees For Purchase Of Office Premise In Ahmedabad
Sept 16 (Reuters) - GHCL Ltd GHCH.NS:
APPROVES CAPEX OF 500 MILLION RUPEES FOR PURCHASE OF OFFICE PREMISE IN AHMEDABAD
Source text for Eikon: ID:nNSE4mYBbD
Further company coverage: GHCH.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sept 16 (Reuters) - GHCL Ltd GHCH.NS:
APPROVES CAPEX OF 500 MILLION RUPEES FOR PURCHASE OF OFFICE PREMISE IN AHMEDABAD
Source text for Eikon: ID:nNSE4mYBbD
Further company coverage: GHCH.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
India's GHCL falls after flagging production shortfall
** Shares of industrial salts and soda ash manufacturer GHCL GHCH.NS fall 2.7%
** Co says it expects a ~14,000 ton drop in production due to scheduled two-week annual maintenance
** Adds, maintenance work won't impact supply commitments as there is sufficient soda ash reserves
** Shares down after gaining 2.6% last week
** Stock up ~7% YTD vs 21% gains last year
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of industrial salts and soda ash manufacturer GHCL GHCH.NS fall 2.7%
** Co says it expects a ~14,000 ton drop in production due to scheduled two-week annual maintenance
** Adds, maintenance work won't impact supply commitments as there is sufficient soda ash reserves
** Shares down after gaining 2.6% last week
** Stock up ~7% YTD vs 21% gains last year
(Reporting by Vijay Malkar)
(([email protected];))
India's GHCL Textiles rises after reporting profit in Q4
** Shares of GHCL Textiles Ltd GHCT.NS up 3.5% at 85.25 rupees
** GHCT reported Q4 profit vs loss year ago
** Over 3.7 mln shares change hands in stock's busiest session in three months
** Stock up 18.5% since listing in June 2023
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of GHCL Textiles Ltd GHCT.NS up 3.5% at 85.25 rupees
** GHCT reported Q4 profit vs loss year ago
** Over 3.7 mln shares change hands in stock's busiest session in three months
** Stock up 18.5% since listing in June 2023
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
India's GHCL ends down after downbeat quarterly results
** Shares of GHCL GHCH.NS close down 2.8% at 497.05 rupees
** GHCH, which makes soda ash, posts 45% drop in March-qtr profit as revenue fall outpaces decline in expenses
** Stock fell as much as 4.2%, was down 1.1% before results
** Co's rev has dropped for third straight qtr, while profit down for second-consecutive time
** Over 386,000 shares traded, 1.4x 30-day avg volume
** GHCH extends YTD losses to 14.5%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of GHCL GHCH.NS close down 2.8% at 497.05 rupees
** GHCH, which makes soda ash, posts 45% drop in March-qtr profit as revenue fall outpaces decline in expenses
** Stock fell as much as 4.2%, was down 1.1% before results
** Co's rev has dropped for third straight qtr, while profit down for second-consecutive time
** Over 386,000 shares traded, 1.4x 30-day avg volume
** GHCH extends YTD losses to 14.5%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Ghcl Says NCLT, Ahmedabad Said Application Filed By Ht Media Not Maintainable, Stands Rejected
March 13 (Reuters) - GHCL Ltd GHCH.NS:
GHCL LTD - NCLT, AHMEDABAD SAID APPLICATION FILED BY HT MEDIA NOT MAINTAINABLE, STANDS REJECTED
GHCL LTD - NCLT SAID DEBT CLAIMED BY APPLICANT DOES NOT FALL UNDER AMBIT OF FINANCIAL DEBT
Source text for Eikon: ID:nBSE49zqXx
Further company coverage: GHCH.NS
(([email protected];))
March 13 (Reuters) - GHCL Ltd GHCH.NS:
GHCL LTD - NCLT, AHMEDABAD SAID APPLICATION FILED BY HT MEDIA NOT MAINTAINABLE, STANDS REJECTED
GHCL LTD - NCLT SAID DEBT CLAIMED BY APPLICANT DOES NOT FALL UNDER AMBIT OF FINANCIAL DEBT
Source text for Eikon: ID:nBSE49zqXx
Further company coverage: GHCH.NS
(([email protected];))
India's GHCL up on signing two agreements in Gujarat
** Shares of chemical commodity maker GHCL GHCH.NS up 2.8% at 613.50 rupees, after rising to a 3-month high of 629 rupees
** Co says it signed two agreements worth 34.5 bln rupees ($416.4 mln) in Gujarat
** MoU in Kutch for second phase expansion of Greenfield soda ash plant and to set up vacuum salt plant
** Mou in Bhavnagar for mining of bentonite and sand
** Trading volumes at more than 2x the 30-day avg
** Stock above 200-day avg since mid-November, and above 50- and 100-day avgs since start of 2024
** Stock gained over 21% last year, marking four consecutive yearly gains
($1 = 82.8630 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of chemical commodity maker GHCL GHCH.NS up 2.8% at 613.50 rupees, after rising to a 3-month high of 629 rupees
** Co says it signed two agreements worth 34.5 bln rupees ($416.4 mln) in Gujarat
** MoU in Kutch for second phase expansion of Greenfield soda ash plant and to set up vacuum salt plant
** Mou in Bhavnagar for mining of bentonite and sand
** Trading volumes at more than 2x the 30-day avg
** Stock above 200-day avg since mid-November, and above 50- and 100-day avgs since start of 2024
** Stock gained over 21% last year, marking four consecutive yearly gains
($1 = 82.8630 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's GHCL Ltd June-Quarter Consol Net Profit Rises
Aug 7 (Reuters) - GHCL Ltd GHCH.NS:
INDIA'S GHCL LTD JUNE-QUARTER CONSOL NET PROFIT 4.26 BILLION RUPEES VERSUS PROFIT 3.69 BILLION RUPEES
GHCL LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 10.17 BILLION RUPEES VERSUS 11.48 BILLION RUPEES
Source text for Eikon: ID:nBSE3gN16w
Further company coverage: GHCH.NS
(([email protected];))
Aug 7 (Reuters) - GHCL Ltd GHCH.NS:
INDIA'S GHCL LTD JUNE-QUARTER CONSOL NET PROFIT 4.26 BILLION RUPEES VERSUS PROFIT 3.69 BILLION RUPEES
GHCL LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 10.17 BILLION RUPEES VERSUS 11.48 BILLION RUPEES
Source text for Eikon: ID:nBSE3gN16w
Further company coverage: GHCH.NS
(([email protected];))
GHCL Says March Mechanical Breakdown Issue Successfully Resolved
June 9 (Reuters) - GHCL Ltd GHCH.NS:
MARCH MECHANICAL BREAKDOWN ISSUE SUCCESSFULLY RESOLVED
PRODUCTION OF SODA ASH HAS RETURNED TO PRE- BREAKDOWN CAPACITY
Source text for Eikon: ID:nNSEbZg69L
Further company coverage: GHCH.NS
(([email protected];))
June 9 (Reuters) - GHCL Ltd GHCH.NS:
MARCH MECHANICAL BREAKDOWN ISSUE SUCCESSFULLY RESOLVED
PRODUCTION OF SODA ASH HAS RETURNED TO PRE- BREAKDOWN CAPACITY
Source text for Eikon: ID:nNSEbZg69L
Further company coverage: GHCH.NS
(([email protected];))
Ghcl Announced Greenfield Project, A New Plant With 5 Lakh Mtpa Capacity In Mandvi Taluka, Gujarat
May 22 (Reuters) - GHCL Ltd GHCH.NS:
ANNOUNCED GREENFIELD PROJECT – A NEW PLANT WITH 5 LAKH MTPA CAPACITY IN MANDVI TALUKA, GUJARAT
PROJECT INVESTMENT OF 40 BILLION RUPEES
Source text for Eikon: ID:nBSE2CbGkS
Further company coverage: GHCH.NS
(([email protected];))
May 22 (Reuters) - GHCL Ltd GHCH.NS:
ANNOUNCED GREENFIELD PROJECT – A NEW PLANT WITH 5 LAKH MTPA CAPACITY IN MANDVI TALUKA, GUJARAT
PROJECT INVESTMENT OF 40 BILLION RUPEES
Source text for Eikon: ID:nBSE2CbGkS
Further company coverage: GHCH.NS
(([email protected];))
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What does GHCL do?
GHCL Limited, established in 1983, is a well-diversified group with presence in chemicals, textiles, and consumer products segments.
Who are the competitors of GHCL?
GHCL major competitors are Laxmi Organic Inds., Chemplast Sanmar, India Glycols, Neogen Chemicals, Grauer & Weil (I), Archean Chem Inds, NOCIL. Market Cap of GHCL is ₹5,998 Crs. While the median market cap of its peers are ₹4,443 Crs.
Is GHCL financially stable compared to its competitors?
GHCL seems to be less financially stable compared to its competitors. Altman Z score of GHCL is 7.57 and is ranked 4 out of its 8 competitors.
Does GHCL pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. GHCL latest dividend payout ratio is 14.47% and 3yr average dividend payout ratio is 17.08%
How has GHCL allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory, Accounts Receivable, Short Term Loans & Advances
How strong is GHCL balance sheet?
Balance sheet of GHCL is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of GHCL improving?
No, profit is decreasing. The profit of GHCL is ₹599 Crs for TTM, ₹794 Crs for Mar 2024 and ₹1,142 Crs for Mar 2023.
Is the debt of GHCL increasing or decreasing?
Yes, The debt of GHCL is increasing. Latest debt of GHCL is -₹306.91 Crs as of Sep-24. This is greater than Mar-24 when it was -₹787.28 Crs.
Is GHCL stock expensive?
Yes, GHCL is expensive. Latest PE of GHCL is 10.02, while 3 year average PE is 7.39. Also latest EV/EBITDA of GHCL is 6.76 while 3yr average is 5.3.
Has the share price of GHCL grown faster than its competition?
GHCL has given better returns compared to its competitors. GHCL has grown at ~13.62% over the last 2yrs while peers have grown at a median rate of 2.56%
Is the promoter bullish about GHCL?
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 GHCL is 19.04% and last quarter promoter holding is 19.04%.
Are mutual funds buying/selling GHCL?
The mutual fund holding of GHCL is decreasing. The current mutual fund holding in GHCL is 8.8% while previous quarter holding is 9.06%.