Latest news with #OCCL
Business Standard
30-07-2025
- Business
- Business Standard
OCCL reports standalone net profit of Rs 13.14 crore in the June 2025 quarter
Sales reported at Rs 123.09 crore Net profit of OCCL reported to Rs 13.14 crore in the quarter ended June 2025 as against net loss of Rs 0.04 crore during the previous quarter ended June 2024. Sales reported to Rs 123.09 crore in the quarter ended June 2025. There were no Sales reported during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 123.090 0 OPM % 21.390 - PBDT 25.39-0.02 LP PBT 18.34-0.02 LP NP 13.14-0.04 LP
Mint
04-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 4 July 2025
Breakout stocks buy or sell: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Thursday, July 3, amid mixed global signals. The Sensex dropped 170 points, or 0.20%, to settle at 83,239.47, while the Nifty 50 closed 48 points, or 0.19%, lower at 25,405.30. In the broader market, the BSE Midcap index edged down 0.06%, whereas the Smallcap index defied the downward trend with a gain of 0.47%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is still above the crucial support of 25,300 to 25,250. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,550 to 25,600. On breaking above this hurdle in a closing basis, we can expect the 50-stock index to touch 26,000 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Hubtown, Man Industries (India), OCCL, Kriti Industries (India), and Latent View Analytics. 1] Hubtown: Buy at ₹ 273.90, target ₹ 295, stop loss ₹ 264; 2] Man Industries (India): Buy at ₹ 439.50, target ₹ 475, stop loss ₹ 424; 3] OCCL: Buy at ₹ 126.7, target ₹ 137, stop loss ₹ 122; 4] Kriti Industries (India): Buy at ₹ 163, target ₹ 176, stop loss ₹ 157; 5] Latent View Analytics: Buy at ₹ 446.7, target ₹ 482, stop loss ₹ 430. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
09-06-2025
- Business
- Business Standard
OCCL spurts on likelly boost from anti-dumping duties on Insoluble Sulphur imports
OCCL surged 16.24% to Rs 118.98 after the Indian government has imposed anti-dumping duties on imports of Insoluble Sulphur originating from China and Japan. This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive. The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth. As per the notification, the anti-dumping duty will remain in force for five yearsunless amended, revoked, or superseded earlierand will be payable in Indian currency. While the exact financial implications are yet to be determined, OCCL anticipates a significant positive impact on its performance. The company believes that the duties will help offset the adverse effects of dumped imports. However, it notes that the full extent of the benefits will depend on several factors, including the response from the affected exporting countries and broader geopolitical dynamics. OCCL manufactures Insoluble Sulphur, Sulphuric Acid, and Oleums. Insoluble Sulphur is primarily used as a vulcanising agent in applications requiring sulphur levels beyond the solubility limit of specific elastomers. OCCL produces it in various grades to meet the diverse compounding needs of leading tyre manufacturers. Sulphuric Acid and Oleums serve multiple roles,such as dehydrating agents, catalysts, active reactants, solvents, and absorbentsacross industries including storage batteries, rayon, dyes, detergents, pharmaceuticals, steel, heavy chemicals, and superphosphates, with specific formulations tailored for battery and commercial-grade uses. On a standalone basis, OCCL's net profit surged 66% to Rs 8.7 crore while total income from operations rose 12% to Rs 108.5 crore in Q4 March 2025 over Q3 December 2024.
Business Standard
07-06-2025
- Business
- Business Standard
OCCL sees major boost from anti-dumping duties on Insoluble Sulphur imports
The Indian government has imposed anti-dumping duties on imports of Insoluble Sulphur originating from China and Japan. This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive. The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth. As per the notification, the anti-dumping duty will remain in force for five yearsunless amended, revoked, or superseded earlierand will be payable in Indian currency. While the exact financial implications are yet to be determined, OCCL anticipates a significant positive impact on its performance. The company believes that the duties will help offset the adverse effects of dumped imports. However, it notes that the full extent of the benefits will depend on several factors, including the response from the affected exporting countries and broader geopolitical dynamics. OCCL manufactures Insoluble Sulphur, Sulphuric Acid, and Oleums. Insoluble Sulphur is primarily used as a vulcanising agent in applications requiring sulphur levels beyond the solubility limit of specific elastomers. OCCL produces it in various grades to meet the diverse compounding needs of leading tyre manufacturers. Sulphuric Acid and Oleums serve multiple roles,such as dehydrating agents, catalysts, active reactants, solvents, and absorbentsacross industries including storage batteries, rayon, dyes, detergents, pharmaceuticals, steel, heavy chemicals, and superphosphates, with specific formulations tailored for battery and commercial-grade uses. On a standalone basis, OCCL's net profit surged 66% to Rs 8.7 crore while total income from operations rose 12% to Rs 108.5 crore in Q4 March 2025 over Q3 December 2024.
Business Standard
27-05-2025
- Business
- Business Standard
OCCL reports standalone net profit of Rs 8.70 crore in the March 2025 quarter
Sales reported at Rs 107.48 crore Net profit of OCCL reported to Rs 8.70 crore in the quarter ended March 2025 as against net loss of Rs 0.04 crore during the previous quarter ended March 2024. Sales reported to Rs 107.48 crore in the quarter ended March 2025. There were no Sales reported during the previous quarter ended March 2024. For the full year,net profit reported to Rs 21.42 crore in the year ended March 2025 as against net loss of Rs 0.06 crore during the previous year ended March 2024. Sales reported to Rs 306.73 crore in the year ended March 2025. There were no Sales reported during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 107.480 0 306.730 0 OPM % 17.380 - 17.260 - PBDT 18.34-0.05 LP 49.53-0.07 LP PBT 11.39-0.05 LP 28.60-0.07 LP NP 8.70-0.04 LP 21.42-0.06 LP
