VINATIORGA

Feb 18 (Reuters) - Vinati Organics Ltd VNTI.NS:

• VINATI ORGANICS LTD - INCORPORATES WHOLLY OWNED SUBSIDIARY IN USA

Source text: ID:nBSEbrc01s

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Feb 5 (Reuters) - Vinati Organics Ltd VNTI.NS:

• SUBSCRIBES TO ADDITIONAL SHARES WORTH 488.1 MILLION RUPEES OF VEERAL ORGANICS

Source text: ID:nBSEbXyXsY

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** Shares of Vinati Organics VNTI.NS rise 3.5% to 1,877.05 rupees

** Specialty chemicals maker invests 396.5 mln rupees ($4.7 mln) in wholly-owned subsidiary Veeral Organics by subscribing to shares via rights issue

** Stock set to snap four-session losing streak

** Trading vols at 167,210, 4.3x 30-day average

** VNTI up ~8% YTD

($1 = 84.8500 Indian rupees)

(Reporting by Vijay Malkar)

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Dec 9 (Reuters) - Vinati Organics Ltd VNTI.NS:

• SUBSCRIBES TO ADDITIONAL 39.7 MILLION SHARES OF VEERAL ORGANICS FOR 396.5 MILLION RUPEES

Source text: ID:nBSE6MVXbb

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Nov 12 (Reuters) - Vinati Organics Ltd VNTI.NS:

• SEPT-QUARTER CONSOL PROFIT FROM CONTINUING OPERATIONS 1.04 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.53 BILLION RUPEES

Source text: ID:nBSEbXl70D

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Oct 14 (Reuters) - Vinati Organics Ltd VNTI.NS:

• VINATI ORGANICS LTD - ADDITIONAL INVESTMENT IN UNIT OF 426.5 MILLION RUPEES

Source text for Eikon: ID:nBSE95w1dB

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May 17 (Reuters) - Vinati Organics Ltd VNTI.NS:

• DIVIDEND 7 RUPEES PER SHARE

• MARCH-QUARTER CONSOL PROFIT FROM CONTINUING OPERATIONS 1.04 BILLION RUPEES VERSUS PROFIT 1.05 BILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.50 BILLION RUPEES VERSUS 5.19 BILLION RUPEES

Source text for Eikon: [ID:]

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** Shares of Vinati Organics VNTI.NS down 2% to 1,570 rupees

** Reuters could not immediately verify a reason for the stock move

** Stock posts its lowest level since May 2021; on track for third consecutive week of losses if trends hold

** About 41,000 shares change hands as of 3:11 p.m. IST, 1.1x its 30-day avg. - LSEG data

** Average rating of 12 analysts tracking the stock is "hold"; median PT is 1,626 rupees

** Including session moves, VNTI is down 10% YTD

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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March 11 (Reuters) - Vinati Organics Ltd VNTI.NS:

• SUBSCRIBED TO ADDITIONAL SHARES OF VEERAL ORGANICS

• DEAL FOR 499 MILLION RUPEES

Source text for Eikon: ID:nBSE6gkv3p

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Dec 15 (Reuters) - Vinati Organics Ltd VNTI.NS:

• VINATI ORGANICS LTD - NCLT APPROVED SCHEME OF AMALGAMATION OF VEERAL ADDITIVES WITH VINATI ORGANICS

Source text for Eikon: ID:nBSEbtsmfJ

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Dec 8 (Reuters) - Vinati Organics Ltd VNTI.NS:

• COMMERCIAL PRODUCTION OF ORTHO SECONDARY BUTYL PHENOL, DI-SECONDARY BUTYL PHENOL COMMENCED AT LOTE FACILITY

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** IIFL Alternative Research expects nine Indian companies to be added to MSCI India Standard index on Nov. 14

** IIFL expects most inflows into IndusInd Bank INBK.NS and Persistent Systems PERS.NS

** Says Zomato ZOMT.NS, DLF DLF.NS and Hindustan Aeronautics HIAE.NS likely to see biggest rise in weightage

** Says existing index members Reliance Industries RELI.NS, Sun Pharma SUN.NS, Infosys INFY.NS, L&T LART.NS could see outflows and drop in weightage and outflows

** Expects no deletions from MSCI India Standard index

** IIFL also expects around 32 small-cap additions into the MSCI India Small-Cap index

** Sees Unichem Labs UNLB.NS, Precision Camshafts PRCM.NS, Gateway Distriparks GATW.NS among likely additions and Vinati Organics VNTI.NS, Solar Industries SLIN.NS, BHEL BHEL.NS among deletions

(Reporting by Bharath Rajeswaran in Bengaluru)

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** Kotak Institutional Equities expects Indian chemical companies to report soft earnings for the next 1-2 quarters

** Export prices of key products of Atul ATLP.NS, Clean Science and Technology CLEA.NS and Vinati Organics VNTI.NS are soft - Kotak

** Brokerage flags factors such as pressurised soda ash import prices, challenged demand-supply at the world level; says price uptick in China likely to be short-lived

** Raises concerns over upcoming Rabi season on reduced reservoir levels, hurt by weak August monsoons, and about overcapacity in China

** Brokerage, however, says normalization of farmer profitability expected to moderate demand for agrochemical products

(Reporting by Hritam Mukherjee in Bengaluru)

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** Shares of Vinati Organics Ltd VNTI.NS fall as much as 5.09%, posting steepest intraday pct decline in 11 months

** Slide despite the company reporting 14% Y/Y rise in consolidated net profit in March quarter nFWN37G01X

** While core profit and profit saw a Y/Y growth, the near-term outlook has deteriorated, says Kotak Institutional Equities

** Warns FY2024 is likely to be a year of subdued growth for VNTI and cuts FY2024 and FY2025 earnings estimates by 26% and 17% respectively

** Kotak has a "reduce" rating on VNTI, price target cut to 1,805 rupees from 2,250 rupees after the earnings

** Phillip Capital says low demand for the company's key products like as ATBS (acrylamide tertiary butyl sulfonic acid), weak product mix and softening prices led to revenue slippage

** Trading volume is ~110,000 shares as of 2:25 p.m. IST, nearly thrice the 30-day avg - Refinitiv data

** Eight analysts rate stock 'buy' or higher, three 'hold' and one sell;' median PT is 2,250 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

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May 3 (Reuters) - Vinati Organics Ltd VNTI.NS:

• VINATI ORGANICS LTD - HAS SUBSCRIBED TO ADDITIONAL EQUITY SHARES AMOUNTING TO 25.5 MILLION RUPEES BY SUBSCRIPTION TO RIGHTS ISSUE OF VEERAL ORGANICS

Source text for Eikon: ID:nBSE3HBPPq

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