Balaji Amines Opportunity

Thanks for sharing your views. Went through their conversation again and did some research. There are a couple of reasons, which, I think could be the reason for his anger.

• Question on Balaji Specialty Chemicals: Balaji specialty chemicals is not a wholly owned subsidiary of Balaji Amines. Balaji amines holds 55% stake and rest is owned by Promoters. The investor criticised the 750Cr investment in Specialty Chemicals saying it generates EBIDTA of 3Cr only. This could have felt like a personal attack on the management.

• Question on expected margins: Many investors were asking expected revenue and margins on DME and ACN plants. Management kept on saying its too early to say anything. When the investor in question again asked the same question it might have triggered the management a bit more.