lkp research shares & securities ltd 14 dai ichi karkaria rs13 a turnaround story buy industry chemicals pharma bse code 526821 company p e 2x 52 week h l rs 16 8 market cap 100mn daily traded volume 5 000 investment argument we recommend on dik based an expected in operations during the current fiscal our opinion its 60 subsidiary baker oil treating which supplies field and refinery to leading gas producers is also staging smart has cash equivalent of per share with book value rs52 offers dividend yield 7 profile belongs neterwala group speciality having technical collaboration japan owns 3 equity promoters hold 65 stake at pune built rs425mn manufactures oilfield like de emulsifiers pour point depressants used sector additives pesticides surfactants pharmaceuticals textiles
