Latest news with #OCCL
Mint
04-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 4 July 2025
Breakout stocks buy or sell: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Thursday, July 3, amid mixed global signals. The Sensex dropped 170 points, or 0.20%, to settle at 83,239.47, while the Nifty 50 closed 48 points, or 0.19%, lower at 25,405.30. In the broader market, the BSE Midcap index edged down 0.06%, whereas the Smallcap index defied the downward trend with a gain of 0.47%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is still above the crucial support of 25,300 to 25,250. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,550 to 25,600. On breaking above this hurdle in a closing basis, we can expect the 50-stock index to touch 26,000 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Hubtown, Man Industries (India), OCCL, Kriti Industries (India), and Latent View Analytics. 1] Hubtown: Buy at ₹ 273.90, target ₹ 295, stop loss ₹ 264; 2] Man Industries (India): Buy at ₹ 439.50, target ₹ 475, stop loss ₹ 424; 3] OCCL: Buy at ₹ 126.7, target ₹ 137, stop loss ₹ 122; 4] Kriti Industries (India): Buy at ₹ 163, target ₹ 176, stop loss ₹ 157; 5] Latent View Analytics: Buy at ₹ 446.7, target ₹ 482, stop loss ₹ 430. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
09-06-2025
- Business
- Business Standard
OCCL spurts on likelly boost from anti-dumping duties on Insoluble Sulphur imports
OCCL surged 16.24% to Rs 118.98 after the Indian government has imposed anti-dumping duties on imports of Insoluble Sulphur originating from China and Japan. This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive. The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth. As per the notification, the anti-dumping duty will remain in force for five yearsunless amended, revoked, or superseded earlierand will be payable in Indian currency. While the exact financial implications are yet to be determined, OCCL anticipates a significant positive impact on its performance. The company believes that the duties will help offset the adverse effects of dumped imports. However, it notes that the full extent of the benefits will depend on several factors, including the response from the affected exporting countries and broader geopolitical dynamics. OCCL manufactures Insoluble Sulphur, Sulphuric Acid, and Oleums. Insoluble Sulphur is primarily used as a vulcanising agent in applications requiring sulphur levels beyond the solubility limit of specific elastomers. OCCL produces it in various grades to meet the diverse compounding needs of leading tyre manufacturers. Sulphuric Acid and Oleums serve multiple roles,such as dehydrating agents, catalysts, active reactants, solvents, and absorbentsacross industries including storage batteries, rayon, dyes, detergents, pharmaceuticals, steel, heavy chemicals, and superphosphates, with specific formulations tailored for battery and commercial-grade uses. On a standalone basis, OCCL's net profit surged 66% to Rs 8.7 crore while total income from operations rose 12% to Rs 108.5 crore in Q4 March 2025 over Q3 December 2024.
Business Standard
07-06-2025
- Business
- Business Standard
OCCL sees major boost from anti-dumping duties on Insoluble Sulphur imports
The Indian government has imposed anti-dumping duties on imports of Insoluble Sulphur originating from China and Japan. This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive. The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth. As per the notification, the anti-dumping duty will remain in force for five yearsunless amended, revoked, or superseded earlierand will be payable in Indian currency. While the exact financial implications are yet to be determined, OCCL anticipates a significant positive impact on its performance. The company believes that the duties will help offset the adverse effects of dumped imports. However, it notes that the full extent of the benefits will depend on several factors, including the response from the affected exporting countries and broader geopolitical dynamics. OCCL manufactures Insoluble Sulphur, Sulphuric Acid, and Oleums. Insoluble Sulphur is primarily used as a vulcanising agent in applications requiring sulphur levels beyond the solubility limit of specific elastomers. OCCL produces it in various grades to meet the diverse compounding needs of leading tyre manufacturers. Sulphuric Acid and Oleums serve multiple roles,such as dehydrating agents, catalysts, active reactants, solvents, and absorbentsacross industries including storage batteries, rayon, dyes, detergents, pharmaceuticals, steel, heavy chemicals, and superphosphates, with specific formulations tailored for battery and commercial-grade uses. On a standalone basis, OCCL's net profit surged 66% to Rs 8.7 crore while total income from operations rose 12% to Rs 108.5 crore in Q4 March 2025 over Q3 December 2024.
Business Standard
27-05-2025
- Business
- Business Standard
OCCL reports standalone net profit of Rs 8.70 crore in the March 2025 quarter
Sales reported at Rs 107.48 crore Net profit of OCCL reported to Rs 8.70 crore in the quarter ended March 2025 as against net loss of Rs 0.04 crore during the previous quarter ended March 2024. Sales reported to Rs 107.48 crore in the quarter ended March 2025. There were no Sales reported during the previous quarter ended March 2024. For the full year,net profit reported to Rs 21.42 crore in the year ended March 2025 as against net loss of Rs 0.06 crore during the previous year ended March 2024. Sales reported to Rs 306.73 crore in the year ended March 2025. There were no Sales reported during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 107.480 0 306.730 0 OPM % 17.380 - 17.260 - PBDT 18.34-0.05 LP 49.53-0.07 LP PBT 11.39-0.05 LP 28.60-0.07 LP NP 8.70-0.04 LP 21.42-0.06 LP
Yahoo
21-05-2025
- Business
- Yahoo
Western Digital Unveils Open Storage Innovations at Computex 2025
Western Digital Corporation WDC is driving a new era of storage innovation by advancing infrastructure solutions tailored for artificial intelligence/machine learning (AI/ML), software-defined storage (SDS) and disaggregated storage. With a focus on hyperscale cloud service providers (CSPs), enterprises and Storage-as-a-Service (STaaS) vendors, the company's Platforms Business delivers both high-capacity JBODs (Just a Bunch of Disks) and high-performance EBOF (Ethernet Bunch of Flash) NVMe-oF solutions to power intensive data workloads. As AI and data-centric computing evolve, organizations are under increasing pressure to deploy scalable, efficient and sustainable storage systems. To address this demand, Western Digital has announced major enhancements to its Open Composable Compatibility Lab (OCCL), including the launch of OCCL 2.0, the Ultrastar Data102 ORv3 JBOD and the OpenFlex Data24 4100, which feature single-port SSDs and additional SSD qualifications for its OpenFlex Data24 NVMe-oF platform. Western Digital Corporation price-consensus-chart | Western Digital Corporation Quote At Computex, Western Digital introduced the OpenFlex Data24 4100 EBOF, designed for cloud environments using single-port SSDs and system-level mirroring. It joins the Data24 4000 series. The new Ultrastar Data102 3000 ORv3 JBOD, aligned with Open Rack v3 specifications, offers improved efficiency, airflow and manageability. Located in Colorado Springs, the OCCL is a vendor-neutral innovation hub designed to accelerate industry-wide adoption of open, fabric-attached storage and SDS solutions. OCCL 2.0 introduces new capabilities such as comprehensive solutions architecture guidance for deploying disaggregated infrastructure, best practice frameworks for maximizing storage efficiency and benchmarking tools for evaluating SSD partner performance. With these updates, OCCL 2.0 aims to deepen collaboration with ecosystem partners while helping customers reduce deployment risks, improve interoperability and build future-ready infrastructure. The lab continues to play a pivotal role in shaping the next generation of composable architectures, with a growing list of ecosystem collaborators that includes Arista Networks, Broadcom, DapuStor, Graid Technology, Ingrasys, Intel, Kioxia, MinIO, NVIDIA, OSNexus, PEAK:AIO, Phison, SanDisk, ScaleFlux, ThinkParQ/BeeGFS and Xinnor. As the industry moves away from proprietary models, Western Digital's OCCL 2.0 strengthens its leadership in creating flexible, open ecosystems that meet the performance, efficiency and scale demands of modern data infrastructure. Management expects the proliferation of generative AI-driven storage deployments to result in a client and consumer device refresh cycle and boost content growth in smartphone, gaming, PC and consumer in the long run. Increasing AI adoption is likely to drive increased storage demand across both HDD and Flash at the edge and core, thereby providing ample business opportunities. As demand grows, high-bandwidth memory (HBM) becomes key for AI servers, while NAND flash remains vital for storage, powering SSDs for text, images and videos. Gen AI adoption is driving eSSD sales due to its speed, reliability and efficiency over HDDs. Growing AI data boosts demand, fueling eSSD market growth and reshaping storage. Western Digital currently carries a Zacks Rank #5 (Strong Sell). Shares of the company have lost 31.4% in the past year compared with the Zacks Computer- Storage Devices industry's decline of 31.5%. You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here. Image Source: Zacks Investment Research Some better-ranked stocks from the broader technology space are TaskUs, Inc. TASK, SAP SAP and Teradata Corporation TDC. TASK sports a Zacks Rank #1 (Strong Buy) while SAP and TDC carry a Zacks Rank #2 (Buy). TaskUs' earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, with the average surprise being 6.39%. In the last reported quarter, TASK delivered an earnings surprise of 18.75%. Its shares have soared 11.8% in the past year. SAP's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 10.14%. In the last reported quarter, SAP delivered an earnings surprise of 8.63%. The company's long-term earnings growth rate is 10.2%. Its shares have surged 53.4% in the past year. Teradata's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters with the average surprise being 24.63%. In the last reported quarter, TDC delivered an earnings surprise of 15.79%. Its shares have declined 31.1% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Western Digital Corporation (WDC) : Free Stock Analysis Report SAP SE (SAP) : Free Stock Analysis Report Teradata Corporation (TDC) : Free Stock Analysis Report TaskUs, Inc. (TASK) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
