Shuchi Nahar's Weekend Blog!

Tata Chemicals - Company Overview Twitter Handle: @shuchi_nahar Tata Chemicals is one of the largest manufacturers of inorganic chemistry products with plants spread across four continents – America, Europe, Africa, and Asia. The company is the world’s third-largest Soda Ash and India’s leading vacuum evaporated iodized salt producer. Tata salt works, spread over 36,000 acres, are the largest in Asia. The company  produces soda ash using synthetic and natural mining processes. Of this, 3/4th capacity consists of natural soda ash allowing us significant cost competitiveness. A part of the US$ 113 billion Tata Group, Tata Chemicals is a globally leading multinational company employing over 4,600 people and present in 40+ countries. Companies eight decades of existence have helped in enjoying a strong and established position globally in inorganic and crop protection chemicals. Business Overview – Q3FY21 Consolidated Snapshot of Revenue Q3FY21 -(Source: Q3FY21 Investor Presenta...

  Laurus Labs Ltd. –Story of Patience, diligence, and perseverance Twitter Handle: @shuchi_nahar Link to Company Overview of Laurus Labs in detail: https://myweekendspot.blogspot.com/2020/09/laurus-labs-company-overview.html Result Update – Q3FY21 Laurus Lab performed extremely well consecutive in the 3 rd  quarter of FY21. The company did a robust growth in all three segments. Having   a healthy order book for FY 21 & beyond in FDF CMO business with a strategic partner in EU. Consolidated revenue for the quarter increased by 76% driven by growth in all the divisions. The company has been able to sustain its EBITDA margins, and profitability has also improved to Rs. 273 Crs. for the quarter. The generic API division recorded a healthy growth of over 100% for the quarter, the growth was led by higher growth in ARV API business in turn led by higher volume of 1st line products. The Formulations business showcased a growth of over 120% for the 9M period, led by h...