ASAHI SONGWAN COLORS LTD. – New Multibagger

Dear friends, today we are back with a sector that has shown lot of promise in year 2016 and continues to be a promising sector in 2017 also.The sector we are talking today is - Specialty Chemical sector . The chemical sector showed possible signs of revival in 2016 and its on the path to again become one of the bullish sectors in 2017.

We already discussed how China plants are shutting down due to risk of pollution which has given a big opportunity to Indian chemical industries which are taking full advantage of rising chemical and dyes prices.

Beholding above, there is an interesting stock to watch from Chemical sector - ASAHI SONGWAN COLORS LTD. at CMP 237 [ BSE: 532853 | NSE: ASAHISONG ].
The Right Price to enter into this stock can be around 230 /- levels and one should keep exit trigger at 197 /- on closing basis.

Asahi Songwan is currently trading at P/E 14.15 as compared to industry P/E 23.89.

Asahi Songwon Colors Ltd. is in the business of manufacturing pigments. Pigments are basically colourants, adding colour to everything around us, namely ink, paints, plastics, textiles, rubber etc.

Asahi Songwon Colors Ltd. is a leading player in the Indian Pigment industry and intends to become a leading manufacturer of pigments around the world. The company is in the manufacturing of CPC Beta Blue and Blue Crude, exporting substantial production to leading MNCs around the world on account of quality of its products.

The Company was selected in Forbes Asia July 2012 edition as the Asia’s 200 Best Under a Billion Companies.

Since the stock is from small cap segment, a better way to invest in such stock is to invest only a small quantity of total capital (as a rule one should only invest 5-7% as Money management discipline).

Asahi Songwan Ltd. should be bought around above specified levels only and exit trigger should be followed strictly.






Note: Kindly note above is not any kind of recommendation and the information provided on this blog is personal and  above is not a research report but information as available on public domain and it should not be treated as a research report.

Disclaimer : arvind151.com is an free informative personal blog and we do not hold any SEBI Registration and as per clarifications provided by SEBI: “Any one who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”.The information provided on this blog is personal.  Investors must do their own study before following any views and calls given on this blog.

Disclosure: It is safe to assume that above mentioned stock can be in our portfolio and hence our views can be biased. Readers should consult their financial advisory before any investments


19 thoughts on “ASAHI SONGWAN COLORS LTD. – New Multibagger

  1. Sir by the time I entered it was 248 but I bought it. Website slow etc caused it. Not sure if it still good but I want to trust n enter

  2. Mr Arvind. I am privileged to share my view on you web. I am a long ter investor. By profession a Banker in an executive cader. I am interested in finding good opportunities by identifying good stocks. I am holding this stock from 140 levels for more than an year. Thank you.

  3. Thanks for recommendation..
    Also Please check from your side because i have subscribed on this website but didn’t receive email alert about this stock..

  4. sir by the time i purchased asahisong it became 251.16 is it okay at this price, what will be the target and upto what price shall i hold my shares.thank you very much for your valuable suggestions.

  5. Hello,
    Thanks for suggesting some wonderful stocks that have already started giving profits. Can you please share your email id / phone number on my email so that I can get in touch with you for any paid services?

  6. sir, thanks for recommending this stock..
    kindly give ur views on
    diamond power purchased bought @ 47
    lakshmi energy & foods bought @ 60.50
    spice jet bought @ 62.35

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