#Maruti Suzuki plans to double capacity by 2030 : + for #NOCIL

#Maruti Suzuki plans to double capacity by 2030 : + for #NOCIL


Video: https://youtu.be/YhzyRaeDgXk?si=91-ee_UILs5iFYyS

My base theme is China's dominant share in manufacturing should fall by 5% by 2030, although that 5% fall is less for China but can be game changer for India

Numbers matter a lot: Currently, China is a dominant player in the Rubber Chemical Industry contributing over 80%

Coming to my company NOCIL, here my sub theme is Automotive sector to continue growing

  • Maruti Suzuki plans to double capacity by 2030

     
    • Maruti Suzuki to invest $5.5 bn to double production capacity by 2030     
  • NOCIL is Dependable, Non- Chinese Player enjoying a favourable positioning 
  • FY 2023 Vs 2022
    • Operating EBITDA Margin :  15.6% Vs 18.2%   
    • Net Profit:  149 Vs 176  
    • Net Profit Margin:  9.2% Vs 11.2%  
    • Net Cash flows generated from operating activities :  282 Vs (30)  
  • Issue:  Chinese exports into other countries are increasing, and there is a lot more aggression on pricing

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation,2015 wish to inform that the Board of Directors of the Company its meeting held today viz 26th March 2024 has accorded approval for incurring Capital Expenditure not exceeding Rs 250 Cr towards capacity enhancement ( Rubber chemicals) at Dahej. 


Thank you for contacting Rounaq! Please let us know how we can help you. 

Whatsapp: 7838491131

SEBI registered RA : Rounaq Bakshi
Waheguru

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