Grand entry: Promoter acquires 1,10,000 shares in Ashish Kacholia's specialty chemical stock; new facility set to boost revenue by Rs 550-600 crore!

Adding to the intrigue, company officials are scheduled to interact with analysts and investors on January 9, 2024.

After experiencing a flat close in the preceding week, the upcoming trading week is poised to be influenced by a myriad of significant factors. Key among these are the initiation of the Q3 earnings season, inflation figures, and triggers specific to individual stocks.

In the realm of stock-specific triggers, one company that has prominently emerged is Yasho Industries Ltd. Established in 1985 by Mr. Vinod Jhaveri, Yasho Industries stands as a trailblazer in the manufacturing of specialty and fine chemicals. With a dedicated research and development center and state-of-the-art manufacturing facilities, the company boasts a diverse product portfolio spanning five business verticals: Food Antioxidants, Aroma Chemicals, Rubber Chemicals, Lubricant Additives, and Specialty Chemicals. This diversity enables Yasho Industries to cater to a global customer base, securing approximately 65 per cent of its revenue from exports to regions such as the United States of America, Europe, Asia, and the Middle East.

Despite recent underperformance, with a 7.5 per cent drop over the last three months and a marginal decline of 0.10 per cent in the past week, notable activity in the stock has caught the eye. Notably, promoter Vindo Harilal Jhaveri has been actively acquiring shares since December 26, 2023, accumulating around 1,10,000 shares at average prices of Rs 1587.8, Rs 1614.3, and Rs 1626.4, respectively.

A pivotal catalyst for the stock in the short term is the imminent inauguration of a new facility in Pakhajan, Dahej, boasting a capacity of 17,500 MT. Strategically focused on the production of Lubricant and rubber chemicals, Phase 1 is anticipated to yield revenue ranging between Rs 550-600 crore, with target products encompassing industrial chemicals and an EBITDA margin exceeding 20 per cent. Adding to the intrigue, company officials are scheduled to interact with analysts and investors on January 9, 2024.

An additional layer of interest stems from the noteworthy stake held by Ashish Kacholia, amounting to 4.17 per cent of the company's shares, equivalent to 4,75,394 shares. With the stock hovering near a crucial support level and the confluence of promoter buy-ins and an analyst/investor interaction scheduled for January 9, 2024, Yasho Industries could present an enticing opportunity for short-term swing trading in this Small-Cap stock. Investors are advised to keep a close watch on developments surrounding this dynamic stock.

Disclaimer: The article is for informational purposes only and not investment advice.