Tag: Archean Chemical Industries
- 15 Sep
ICICI Securities Research Report on Archean Chemical Industries
Bromine prices have fallen sharply in China, but are expected to recover in the fourth quarter of fiscal year 2024. Archean Chemical (ACI), the largest bromine producer in India, has reported strong Q1 FY2024 results despite the volatility in bromine prices. ACI is also in the process of commissioning its derivative plant, which will increase earnings visibility in the coming years.
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