DCW

June 18 (Reuters) - DCW Ltd DCWL.NS:

• DCW - PORT AUTHORITY DEMANDS 63.2 MILLION RUPEES INTEREST AND LEASE RENT OF 36.4 MILLION RUPEES

Source text: ID:nBSE9j41kJ

Further company coverage: DCWL.NS

(([email protected];))

May 5 (Reuters) - DCW Ltd DCWL.NS:

• DCW MARCH-QUARTER NET PROFIT 180.8 MILLION RUPEES

• DCW MARCH-QUARTER REVENUE FROM OPERATIONS 6.09 BILLION RUPEES

Further company coverage: DCWL.NS

(([email protected];))

** Domestic soda ash makers DCW DCWL.NS and GHCL GHCH.NS rise 2% and 3%, respectively, while Tata Chemicals TTCH.NS trades steady after India's Directorate General of Trade Remedies initiates safeguard investigation into soda ash imports

** Alkali Manufacturers' Association of India on behalf of DCWL, GHCH, TTCH, RSPL and Nirma has filed an application, seeking safeguard investigation and quantitative restrictions on soda ash imports

** Applicants allege that sudden, sharp increase in soda ash imports has hurt domestic producers through lower prices, reduced profits since 2022-23

** Applicants claim imports have mainly increased from the U.S., Turkey and Russia, driven by disruptions from the Russia-Ukraine conflict and weaker demand in Turkey

** Year-to-date, shares of DCW, GHCL, TTCH down 28%, 18%, 14.5%, respectively

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Feb 10 (Reuters) - DCW Ltd DCWL.NS:

• DEC-QUARTER NET PROFIT 49 MILLION RUPEES

• DEC-QUARTER REVENUE FROM OPERATIONS 5.2 BILLION RUPEES

Source text: ID:nNSE2Q7hRf

Further company coverage: DCWL.NS

(([email protected];))

Oct 16 (Reuters) - DCW Ltd DCWL.NS:

• DCW LTD - INCOME TAX AUTHORITY DELETES DEMAND OF 56.3 MILLION RUPEES

Source text: ID:nNSE16kGgS

Further company coverage: DCWL.NS

(([email protected];))

** DCW DCWL.NS rises 2.2% to 77 rupees; set to snap nine-day losing streak

** Chemicals co elevates operations at soda ash plant to 90% capacity through internal adjustments

** This comes after co gets new parts for CO₂ compressor in the plant after a mechanical breakdown

** YTD, DCWL down ~17%

(Reporting by Yagnoseni Das)

(([email protected];))

April 24 (Reuters) - DCW Ltd DCWL.NS:

• APPROVES CONTINUATION OF BAKUL PREMCHAND JAIN AS CHAIRMAN & MD

Source text: ID:nBSE5N0NcH

Further company coverage: DCWL.NS

(([email protected];;))

March 26 (Reuters) - DCW Ltd DCWL.NS:

• DCW - GETS TAX DEMAND ORDER FOR 56.3 MILLION RUPEES

Source text: ID:nBSE5y2RR0

Further company coverage: DCWL.NS

(([email protected];))

Nov 13 (Reuters) - DCW Ltd DCWL.NS:

• SEPT-QUARTER NET LOSS 12.5 MILLION RUPEES

• SEPT-QUARTER REVENUE FROM OPERATIONS 4.89 BILLION RUPEES

Source text: ID:nBSE4ncSKy

Further company coverage: DCWL.NS

(([email protected];;))

Oct 17 (Reuters) - DCW Ltd DCWL.NS:

• INVESTING IN EXPANSION OF ITS CPVC PRODUCTION CAPACITY

• CPVC DIVISION OF CO WILL INCREASE BY 30,000 METRIC TONNES

• INVESTMENT REQUIRED FOR EXPANSION WILL BE UPTO 1.4 BILLION RUPEES

Source text for Eikon: ID:nBSE8Mh2FJ

Further company coverage: DCWL.NS

(([email protected];;))

** Shares of chemicals maker DCW DCWL.NS rise as much as 7% to hit record high of 87.84 rupees

** 655,753 DCWL shares traded in one block deal at a premium of 4.7% over last closing price of 82.13 rupees - LSEG data

** Stock above 50-day, 100-day and 200-day moving averages since July 26

** Stock up 22.5% so far in August, on track to third straight monthly gains

** YTD, stock is up 51%

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Aug 13 (Reuters) - DCW Ltd DCWL.NS:

• DCW LTD JUNE-QUARTER NET PROFIT 67.3 MILLION RUPEES

• DCW LTD JUNE-QUARTER REVENUE FROM OPERATIONS 5 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: DCWL.NS

(([email protected];))

DCW Ltd DCWL.NS:

• DCW LTD - SUCCESSFULLY COMPLETED LINE-BALANCING CAPEX

• DCW LTD - INCREASED ANNUAL CAPACITY OF ITS SYNTHETIC IRON OXIDE PIGMENTS DIVISION FROM 18000 TONS TO 30000 TONS

• DCW LTD - EXPECTS TO RAMP UP PRODUCTION IN A PHASED MANNER AND GRADUALLY INCREASE ITS SALES VOLUME

Source text for Eikon: ID:nNSE6tGG3P

Further company coverage: DCWL.NS

May 16 (Reuters) - DCW Ltd DCWL.NS:

• MARCH-QUARTER NET PROFIT 153.3 MILLION RUPEES VERSUS PROFIT 353.5 MILLION RUPEES

• MARCH-QUARTER REVENUE FROM OPERATIONS 2.22 BILLION RUPEES VERSUS 5.88 BILLION RUPEES

Further company coverage: DCWL.NS

(([email protected];;))

** Shares of DCW DCWL.NS, DCM Shriram DCMS.NS and Chemplast Sanmar CHPA.NS rise between 1% and 6%, on the day

** Rise after India's Directorate General of Trade Remedies (DGTR) initiates anti-dumping investigation concerning imports of poly vinyl chloride (PVC) suspension resins originating in or exported from China, Indonesia, Japan, South Korea, Taiwan, Thailand and U.S.

** Applications seeking anti-dumping probe filed by DCW, DCM Shriram and Chemplast Sanmar, alleging dumping of PVC resins, according to DGTR

** DCW, DCM Shriram and Chemplast are the major domestic producers of PVC resins

** YTD, DCW down 6.8%, DCM Shriram has fallen nearly 15% and Chemplast is down 11% - LSEG data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Feb 14 (Reuters) - DCW Ltd DCWL.NS:

• DCW LTD DEC-QUARTER NET LOSS 123.2 MILLION RUPEES VERSUS PROFIT 482.2 MILLION RUPEES

• DCW LTD DEC-QUARTER REVENUE FROM OPERATIONS 3.98 BILLION RUPEES VERSUS 5.79 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: DCWL.NS

(([email protected];))

** Shares of DCW DCWL.NS up 6.1%, after rising 7.2% to hit day's high of 58.80 rupees

** DCWL on track to rise for third straight session, and is up 10.1% in the period so far

** Co says impact of heavy rains at plant in Tamil Nadu neutralised, with operations at its manufacturing site in the state resuming in a phased manner

** DCWL expects production to get back to normal level within next 3-4 days

** Co also assessing estimated impact of flooding and water logging; ops were suspended since Dec. 17

** Stock is up ~14% YTD, set for fourth straight year of gains

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

Nov 24 (Reuters) - DCW Ltd DCWL.NS:

• INCOME TAX DEPARTMENT OFFICIALS CONCLUDED SEARCH OPERATIONS AT CO PREMISES ON NOVEMBER 23

Source text for Eikon: ID:nBSE1WYxbC

Further company coverage: DCWL.NS

(([email protected];))

Nov 20 (Reuters) - DCW Ltd DCWL.NS:

• SEARCH OPERATION BEING CARRIED OUT BY INCOME TAX DEPARTMENT AT COMPANY'S PREMISES

• MANUFACTURING OPERATIONS OF COMPANY CONTINUE AS USUAL AND HAVE NOT BEEN IMPACTED DUE TO SEARCH

Source text for Eikon: ID:nBSE8S5tJ

Further company coverage: DCWL.NS

(([email protected];))

** Shares of DCW DCWL.NS fall as much as 5% to 51.70 rupees

** The chemical maker reported a near 95% Y/Y drop in Q2 net profit, while rev from ops fell about 41%

** Co's revenue from polyvinyl chloride (PVC) and caustic soda segments, which together contributed two-thirds of Q2 revenue fell 63.4% Y/Y and 25.4% Y/Y

** Stock on track for a third consecutive session of loss, if trend holds

** Stock up 3.5% YTD

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Oct 31 (Reuters) - DCW Ltd DCWL.NS:

• COMMISSIONED PROJECT OF CHLORINATED POLYVINYL CHLORIDE EXPANSION BY 10,000 MT TODAY AT SAHUPURAM PLANT, TAMIL NADU

Source text for Eikon: ID:nBSE6Xm1F8

Further company coverage: DCWL.NS

(([email protected];))

Oct 12 (Reuters) - DCW Ltd DCWL.NS:

• UPDATE ON RESTORATION OF SODA ASH PRODUCTION

• NEW PARTS FOR COMPRESSOR FROM ORIGINAL EQUIPMENT MANUFACTURER FAILED TO RESTORE PRODUCTION BACK TO 100%

• CO CONTINUES TO OPERATE AT 75% CAPACITY WITH REPAIRED PARTS

• CO AWAIT SITE INSPECTION BY OEM, FUTURE COURSE OF ACTION BASED ON THEIR FINDINGS

Source text for Eikon: ID:nBSE95RW9n

Further company coverage: DCWL.NS

(([email protected];))

Aug 14 (Reuters) - DCW Ltd DCWL.NS:

• INDIA'S DCW LTD JUNE-QUARTER NET PROFIT 99.9 MILLION RUPEES VERSUS PROFIT 587.7 MILLION RUPEES

• DCW LTD JUNE-QUARTER REVENUE FROM OPERATIONS 4.38 BILLION RUPEES VERSUS 7.69 BILLION RUPEES

Source text for Eikon: ID:nBSE79jJsg

Further company coverage: DCWL.NS

(([email protected];))

July 24 (Reuters) - DCW Ltd DCWL.NS:

• UPDATE ON RESTORATION OF OPERATIONS AT SAHUPURAM PLANT

• FAILURE IN POWER PLANT HAS BEEN RESOLVED

• PLANT HAS RESUMED ITS OPERATIONS EFFECTIVE JULY 24, 2023

Source text for Eikon: ID:nBSE7lX5cY

Further company coverage: DCWL.NS

(([email protected];;))

July 19 (Reuters) - DCW Ltd DCWL.NS:

• CO'S PLANT LOCATED AT SAHUPURAM, TAMILNADU HAS BEEN TEMPORARILY SHUT DOWN FROM WEDNESDAY, JULY 19

• SHUT DOWN DUE TO UNEXPECTED FAILURE IN POWER PLANT AT SITE

• EXPECTED TIME PERIOD OF SHUTDOWN WILL BE AROUND 5 TO 6 DAYS

Source text for Eikon: ID:nBSE6lpyD1

Further company coverage: DCWL.NS

(([email protected];))

** Shares of India's DCW DCWL.NS down as much as 1.92% at 43.45 rupees

** Chemicals maker says production of soda ash in Q1FY24 will reduce by 6 KMT

** Lower production due to "unforeseen mechanical breakdown" of carbon dioxide gas compressor at plant, says co

** Stock seen losing for four straight session, if trend holds

** DCWL falls below 50-day and 100-day simple moving averages, indicating bearish trend

** More than 1.2 mln shares changed hands by 11:45 a.m. IST, 0.7x the 30-day avg

** YTD stock has fallen ~15%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

June 14 (Reuters) - DCW Ltd DCWL.NS:

• UNFORESEEN MECHANICAL BREAKDOWN OF CO2 GAS COMPRESSOR IN CO'S SODA ASH PLANT

• BREAKDOWN WILL RESULT IN LOWER PRODUCTION OF SODA ASH BY AN ESTIMATED 6 KMT IN THIS QUARTER

Source text for Eikon: ID:nBSE242hFY

Further company coverage: DCWL.NS

(([email protected];))

** Shares of DCW Ltd DCWL.NS rise as much as 3.7% to 47.70 rupees

** Uptick after the chemicals maker reports Q4 core profit margin expands to 16.91% from 13.98% Y/Y; core profit up 1%

** Net profit fell 26%, but fall due to payment of deferred tax worth 154 mln rupees in Q4

** Co declares final dividend of 0.3 rupees per share

** Co approves reappointment of Pramodkumar Jain as Chief and Managing Director for three years, with effect from November 1, 2023

** About 1.36 mln shares change hands as of 11:14 a.m. IST, 1.2x the 30-day avg - Refinitiv data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

May 11 (Reuters) - DCW Ltd DCWL.NS:

• APPROVED RE-APPOINTMENT OF PRAMODKUMAR SHRIYANSPRASAD JAIN AS CHAIRMAN AND MD

Source text for Eikon: ID:nNSE90XJ4B

Further company coverage: DCWL.NS

(([email protected];))