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Trades about 64% below its sector, cheaper than its peers on earnings.
Ganesh Benzoplast Limited (GBL) is an Indian-based company, established in Mumbai in 1986, with operations extending internationally. It is involved in the manufacturing and distribution of specialty chemicals, food preservatives, and industrial lubricants. The company's business activities are structured into two main divisions: the Liquid Storage Terminal (LST) division and the Chemical division. The LST division offers extensive storage and handling facilities, providing tanks for a diverse range of liquid commodities such as chemicals, oil derivatives, petrochemicals, biofuels, and vegetable oils. Concurrently, the Chemical division produces key chemical compounds including sodium benzoate, benzoic acid, and benzoplast. GBL also provides ancillary services like bunkering, barging, product blending, and drum filling. Its clientele spans various industries, notably food and beverage, paints, automotive, pharmaceuticals, and lubricants.
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