Discover and read the best of Twitter Threads about #Chemcon

Most recents (4)

Semiconductor ka Shortage :
HMDS ka pure Monopoly player aka Chemcon


A thread 🧵👇 Image
⚡ The growing popularity of #bitcoin across the world is spurring demand in UNEXPECTED industry-semiconductors. Image
⚡ An Indian auto firm executive said: "We require semiconductors now as we push up production. But the feedback is clear it will take at least A YEAR before they can shift back capacity or before new capacity starts firing."
Read 14 tweets
Case Study 4 : #Chemcon Specialty Chemicals
CMP – 502.25 (7/6/2021)

(Must read Thread 🧵for #TA & #FA learners)

Fundamentals Sound & Technically Breakout Candidate !


@drprashantmish6 & @Prakashplutus (views invited)
0⃣Company came out with #IPO last year and listed on 1st October at Rs. 730 against issue price of Rs. 340.

Stock crashed on listing day and then corrected all the way to 400 level.

#Chemcon #StockMarket #TechnoFunda #Investing
1⃣ Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS & CMIC.

Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, & chemicals contract manufacturing work
Read 13 tweets
Chemcon- CMP 455
HMDS is required for semiconductors Image
PLI for Penicillin G is a growth opportunity for Chemcon Image
Promotors holding around74.4%
Debt free
Good ROE and ROCE
-Their manufacturing facility is located at Manjusar near Vadodara in Gujarat and currently has 7 operational plants
-company is in manufacturer of oilfield chemicals,HMDS and CMIC
Read 42 tweets
Heard on Street (not confirmed)


Dates: 21-23 Sep

Price band: around Rs 1225

Grey market activity is sporadic, expect to get more active next week Image

Issue size is expected to be 1.5x of share of DHRP
this is unprecedented...
feel is promoters market timing/gaming exit

Grey market prices have crashed quite a bit from
500->400->350 to around 330 now

Most selling is from Kota/Jaipur

#greymarket #GMP #kostak
Date for CAMS #IPO confirmed
21-23 Sep

Issue size: 18.2 million shares in latest (see image)

in DHRP was 12.1 million…

Issue size increased by 50% Image
Read 20 tweets

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