BASF India stock: Anil Singhvi decodes key numbers, reveals triggers ahead of results

Zee Business Managing Editor Anil Singhvi has highlighted key details to watch out for in BASF India stock, ahead of the results on 11th May 2021. Kushal Gupta, Senior Research Analyst at Zee Business, said that BASF India is a company in the chemical space. The results of the company are expected to be extremely strong. He said that the strong pricing in the chemical production of the company will significantly help the revenue to be much stronger for BASF India. The trading business of the company has also seen high growth.

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Kushal said that the Revenue of the company is expected to improve to 2396 cr vs 1848 cr (30% growth YOY). The operating profit of BASF India is going to improve significantly due to the cost control measures taken by the company. The EBITDA of the company will improve by 158% to Rs 196 cr from Rs 76 cr (YoY). The margins of the company are going to double to 8.2% from 4.1% (YoY). The profit is expected to improve 183% to Rs 113 cr from Rs 40 cr (YoY).

नतीजों से पहले क्या BASF India में बनेगा पैसा?

नतीजों से पहले जानिए शेयर में कमाई के ट्रिगर्स....

नतीजे आएंगे कमाई कराएंगे में बनाइए सटीक स्ट्रैटेजी...#ResultsOnZee @AnilSinghvi_ @KushalGupta44 pic.twitter.com/XVvzib48Lo

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Kushal said that Recovery in the automobile industry was expected to boom in the surface technology and industrial segment. Consolidation of the polyamide business makes possible good growth in the material segment. This cash stock should be watched for ahead of results on 11th May.