BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
The 68-year old legacy of manufacturing high performance pigments involving environmental perils has helped Sudarshan Chemical Industries Ltd. become the fourth largest pigment manufacturer globally.
The company’s domestic market share (in organic pigments) stands at approximately 35% as the company boasts of being a leading Azo pigment manufacturer in the country.
It manufactures pigments used in coatings, packaging, inks, plastics and cosmetics. Pigments are a de facto quasi play on a high growing paints and packaging market.
We believe that the consolidation narrative is likely to benefit an Indian company like Sudarshan Chemical.
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