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Kodak: Taken on for a ride

Jul 3, 2001

One of the key losers on the bourses over the last one year is Kodak India. After touching its 52-week high of Rs 584 in February 2001, the scrip is currently trading at around Rs 200 levels, a decline of more than 66%. What has prompted the markets to react so adversely given the fact that the company is one of the market leaders in the film roll segment and has strong technological support from its parent company?

Decent results from Philips Carbon

Feb 5, 2000

Philips Carbon Black has reported decent results for the quarter. While the sales have grown by 18.2%, the net profit has increased 14.8%. The operating margins have also grown by 2.8% in the latest quarter as compared to the same quarter last year.

Cabot India has reported a net growth of 27%

Jan 31, 2000

Cabot India Ltd has reported a net of Rs 25.3 m for the 3QFY2000. The main drivers to profit are sales and lower interest costs. However the net profit margins have fallen.

Indian Rayon bullish on carbon black demand

Nov 24, 1999

Indian Rayon plans to expand its carbon black manufacturing capacity by 50,000 tonnes. The proposed hike in capacity will entail an investment of Rs 400 m by the company.

Indian Rayon bids for carbon black unit

Oct 7, 1999

According to newspaper reports, Indian Rayon and Industries Limited is bidding to acquire a carbon black plant belonging to the Korean Steel Company.


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