About PCBL (share market)

Hello friends!

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How are you all? Hope you all are good and enjoying yourself. I'm also good and today I'll talk about PCBL.
When i start trading my first choice was PCBL.

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About company:

PCBL , Phillips carbon black ltd is a private company which is a part of RP-sanjiv goenka group , was set up by mr. K. P. GOENKA in 1960 and started production at durgapur with a production capacity of 14000 MT per annum. For over six decades, PCBL has been playing a pioneering role in the performance materials and specialty chemicals segment, with a current production capacity of 6,86,000 MT per annum and generating 98 MW per hour of green power. Today PCBL is the largest carbon black manufacturer in India and a strong global player with a significant customer base in 45+ countries.
It has 4 plants in durgapur(west Bengal), palej(gujarat) , mundra(gujarat) and kochi (kerala), and its fifth plant commissioned in chennai (Tamil Nadu).

why i buy PCBL :

One day when i talked to my husband he said me that he went to PCBL at mundra. Its a good company. Than i Google about this company and i found it good , market cap is 5962 crore. And financial statements are also good.
The share price is not so high so if you are begginer you can invest here. When i buy the share price was 112 rs. And i also watch its dividend history. The company has a good dividend track report and has consistently declared dividends for the last 5 years. It means its a profit earning company.
For the year ending March 2023 PCBL has declared an equity dividend of 550% amounting to rs. 5.5 per share. And today it's share price is 157.95 rs( 40% profit till now) .

So till now my decision seems good, but there is no certainty, anything can change within 1 second. Before investing any stock first study about that share than buy.

🙏Thanks for stopping by 🙏

**Have a good day :⁠-⁠)

@mysteriousroad