JG CHEMICALS

JG CHEMICALS is one of the largest supplier of zinc oxide ,About 30% market share in india .their top  line and bottom line numbers are good with slight dip in 2024 sales when researching in management analyses report they said that price of zinc is fluctuated sharply which affected their inventory and margins also. the company is good fundamentally with big clients like MRF,JK TYRES,GOODYEAR TYRES,COROMANDEL,APOLLO TYRES,.....etc .their major product zinc oxide is mainly used in the process of manufacturing of tyres which give good texture and durabilty that's why it's major clients are top tyre manufacturers .they also invested some amount to construct the manufacturing plant at gujarat were ceramic industry is centered and wanted to produce the zinc oxide which is used in making of ceramics ,as second major use of zinc oxide is in ceramic industry. also some negatives are there as this company is connected to tyre industry which is connected to auto industry so we might see the cyclicality of auto sector                                            DISCLAIMER ,these content is purely my opinion for investment decision try to do your own research or ask your financial advisor.


















































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