Pradhin Ltd to import aromatic chemicals from Python Chemical Company Ltd

Pradhin Ltd. ("the Company") is set to import aromatic chemicals (PERFUMERY COMPOUND BASE 909, H.S. Code: 33030040) worth INR 4 Billion from PYTHON CHEMICAL COMPANY LIMITED, Thailand. This transaction marks the largest order in the Company's history and represents a significant step forward in Pradhin Ltd.'s strategic growth and expansion into new markets.

Key Details of the Transaction:

Product: Aromatic Chemicals (PERFUMERY COMPOUND BASE 909)
HS Code: 33030040
Value: INR 4 Billion
Supplier: PYTHON CHEMICAL COMPANY LIMITED, Thailand
End Market: The imported chemicals will be sold to major perfume factories located in Kannauj

The Company anticipates that this transaction will open new avenues for growth. Based on the demand and profitability of this chemical in the Indian market, Pradhin Ltd. plans to explore the possibility of importing other complex chemicals in the future. This strategic move aligns with our ongoing efforts to diversify our product offerings and capitalize on emerging opportunities in the Indian chemical industry.

This import order represents the largest business deal in Pradhin Ltd.'s history and is expected to significantly enhance our revenue streams and market presence. The Company believes this venture will not only strengthen our foothold in the aromatic chemical sector but also pave the way for future collaborations with global suppliers, thereby boosting our business prospects and shareholder value.

Shares of Pradhin Ltd was last trading in BSE at Rs. 46.07 as compared to the previous close of Rs. 48.49. The total number of shares traded during the day was 51116 in over 335 trades.

The stock hit an intraday high of Rs. 49.90 and intraday low of 46.07. The net turnover during the day was Rs. 2379340.00.

Source : Equity Bulls

Keywords

Pradhin INE656B01019 AromaticChemicals Import