Weakness in the chemical business hits performance

Company
13 Aug 2024
5 Min read 
  • Alok Deora and Sonu Upadhyay estimate changes in Nalco's stock.
  •  The company's 1QFY25 performance saw a decline in revenue.
  •  The aluminum business showed strong performance, while the chemical business was weak.
  •  The company's valuation and view are influenced by an exploration and lithium mining agreement.
  •  The company's financials and valuations show a decline in estimates for FY25.
  •  The company's financial ratios and cashflow statements indicate a mixed performance.
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