Not many of us know how to analyse a chemical sector stock. Through this blog, I will try to help you understand the industry in the simplest possible way. Also, we will end the discussion with a comparison of Alkyl Amines with Balaji Amines and other chemical companies like Deepak Nitrite. Table Of Contents 1. Alkyl Amines Business Alkyl Amines Chemicals Ltd. was started in 1979 by Mr Yogesh Kothari . It operates in a very small segment of the chemical industry - the amines and is currently one of the largest manufacturer in India (around 50%), along with Balaji Amines. Amines play a major role in the pharmaceutical industry and agrochemicals. These are primarily used as a solvent. Alkyl Amines' Business comprises of 3 major segments:- • Aliphatic Amines Methyl amines and Ethyl amines are the aliphatic amines used to make different types of derivatives. These can also be sold directly and are used by Alkyl Amines t o produce vario...
Indian Energy Exchange (IEX) is in news again due to the announcement of the board confirming the issue of bonus shares on 21st October 2021. So, are you thinking of buying IEX at the current levels? If yes, then this post will cover all you need to know before making your decision. Table Of Contents 1. IEX business The greatest advantage is the monopoly IEX holds in its sector, till now (NTPC is also planning to enter the power trading sector). This energy trading industry is in a growth stage and has huge potential. Thus, IEX being the only major player (more than 95% market share) providing a platform for electricity/power trading activities is expected to show further growth in the future. 2. IEX stock fundamentals Next thing you should know are the fundamentals , which are too good for IEX. From the company's annual reports, let us do a 6 pointer analysis :- Sales - Increasing every year ✅ Profits - In an uptrend ✅ Operating Profit Margin - Above 80% ✅...