As per me the main points based on results:
- ACP patented product is still under trails at customer end, with higher energy density this is game changer for rain, the dark horse… but there is no timeline from when it will start, however plants are ready both in USA and INDIA for the same.
- Second patented prodcuts like Petroras and Carboras will have more demand when China ecoomy will pick up, EV related products.
- HHCR resin plant have started in Europe where as two competitor plants are closed there. one is BASF , so demand will be suitable for rain .
IF USD or EURO appreciates it is good for Rain so no matter political or currency instability inside India. - Environmental norms have been issued from govt in june , which rain is already and exceedingly complying , these norms to be effective from mid 2025.
Overall the the management seems to be good and the renegotiated loan term which will be done in this month will also matter.
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