Fire at a chemical factory in Belapur. Image/Twitter_ANI

Recent reports revealed that a massive fire has broken out at a chemical factory in Belapur, Navi Mumbai. While no casualties or loss of property has been reported, 12 fire tenders have been pressed into action. 

Fire broke out in a chemical factory in Belapur (Mumbai); 12 fire tenders at the spot. (earlier visuals) #Maharashtra pic.twitter.com/xhYNvyjaBx

— ANI (@ANI) April 25, 2018

Earlier pictures show the entire factory being gutted by the massive fire. 

More updates awaited

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Four people have been arrested for allegedly setting ablaze a chemical factory in Thane district of Maharashtra, police said on Thursday. According to assistant police inspector Pramod Badak, some unidentified persons barged into the factory located in Kashimira area on February 10 and set it ablaze. While there was no casualty, the factory suffered damage in the incident, he said.

The local crime branch investigated the case and found that the factory owner had failed to pay dues worth Rs 8 crore to a financier. The financier, in a bid to settle scores with the factory owner, allegedly gave a contract to some persons to destroy the chemical unit, Badak said.

While probing the case, the police on Tuesday arrested four people - Kamlesh Parekh (41), Rahul Munnalal Satpute (24), Akshay Chavan (21) and Lucky Raj Rajput (21) - for torching the factory, he said.

The financier and another key accused were yet to be nabbed, the official said. The accused were booked under Indian Penal Code Sections 435, 436 (both pertaining to mischief by fire or explosive substance with an intent to cause damage), 452 (house-trespass) and 120-B (criminal conspiracy), he added.

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A fire has broke out in a godown of a chemical factory in Bhiwandi Rahnal village in Thane district on Wednesday afternoon. A team of six fire engines have reached the spot and are trying to douse the fire.

Maharashtra: Fire breaks out at a chemical godown in Bhiwandi Rahnal village in Thane district. More than six fire tenders have been pressed into action to put off the fire. pic.twitter.com/eFlMRLlQVG

— ANI (@ANI) May 6, 2020

While the reason for the fire is yet to be ascertained, no loss of life or property has been reported so far. More details are awaited.

This is the second fire incident to reported in a single day. Earlier in the day, a fire broke out at Vishnu Mahal, a residential building near Wankhede Stadium. The flames started in one of the apartments on the second floor of the building at D road, Marine Drive.

There was a fire extinguisher in the building which helped to douse it before it spread. No casualty was reported in the fire.

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J.B.CHEMICALS share price has hit a 52-week high at Rs 625 (up 2.0%).

Meanwhile, the BSE 500 Index is at 12,146 (up 1.7%).

Among the top gainers in the BSE 500 Index today are J.B.CHEMICALS (up 2.0%) and ICICI SECURITIES LTD (up 10.5%).

CYIENT (down 5.6%) and RELIANCE CAPITAL (down 5.0%) are among the top losers today.

Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 625, registering a gain of Rs 294 (up 87.64%).

The BSE 500 has moved down from 14,958 to 12,146, loss of 2,812 points (down 18.8%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 435.7%), ABBOTT INDIA (up 145.8%) and NAVIN FLUORINE (up 122.8%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.8%). The top gainers among the BSE Sensex stocks today are HUL (up 3.0%), INDUSIND BANK (up 2.9%) and BAJAJ FINANCE (up 2.8%). Other gainers include AXIS BANK (up 2.7%) and RELIANCE IND. (up 2.5%). The most traded stocks in the BSE Sensex are RELIANCE IND. and SBI.

In the meantime, NSE Nifty is at 9,383 (up 1.5%). DR. REDDYS LAB (up 4.1%) and INDIABULLS HOU. FIN. (up 3.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 38,277 to 32,089, registering a gain of -6,188 points (up -16.4%).

J.B.CHEMICALS Financial Update...

J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.

For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 3.3% to Rs 14 billion during FY18.

The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.0x.

This article (J.B.CHEMICALS at 52 Week High; BSE 500 Index Up 2.0% ) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

J.B.CHEMICALS share price has hit an all-time high at Rs 635 (up 4.2%).

Meanwhile, the BSE HEALTHCARE Index is at 15,318 (up 1.3%).

Among the top gainers in the BSE HEALTHCARE Index today are J.B.CHEMICALS (up 4.2%) and ABBOTT INDIA (up 0.3%).

CADILA HEALTHCARE and DISHMAN CARBOGEN AMCIS LTD (down 0.1%) are among the top losers today.

Over the last one year, J.B.CHEMICALS has moved up from Rs 331 to Rs 635, registering a gain of Rs 304 (up 91.7%).

The BSE HEALTHCARE has moved up from 14,034 to 15,318, registering a gain of 1,284 points (up 8.7%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 145.2%), J.B.CHEMICALS (up 91.7%) and IPCA LABS (up 62.9%).

What About the Benchmark Indices?

The BSE Sensex is at 32,089 (up 1.4%). The top gainers among the BSE Sensex stocks today are INDUSIND BANK (up 4.3%), HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.9%). Other gainers include ICICI BANK (up 2.8%) and BAJAJ FINANCE (up 2.4%). The most traded stocks in the BSE Sensex are SBI and INDUSIND BANK.

In the meantime, NSE Nifty is at 9,383 (up 1.3%). The top gainers in the NSE Nifty include DR. REDDYS LAB (up 3.9%), INDIABULLS HOU. FIN. (up 3.6%) and INDUSIND BANK (up 3.6%). Other gainers include HUL (up 3.3%) and KOTAK MAHINDRA BANK (up 2.8%).

Over the last 12 months, the BSE Sensex has moved down from 38,277 to 32,089, registering a loss of -6,188 points (up -16.7%).

J.B.CHEMICALS Financial Update...

J.B.CHEMICALS net profit stood at Rs 622 million for the quarter ended December 2019, compared to a profit of Rs 464 million a year ago. Net Sales rose 9.3% to Rs 3.9 billion during the period as against Rs 3.5 billion in October-December 2018.

For the year ended March 2018, J.B.CHEMICALS reported 24.8% decrease in net profit to Rs 1.4 billion compared to net profit of Rs 1.8 billion during FY17.

Revenue of the company grew 3.3% to Rs 14 billion during FY18.

The current Price to earnings ratio of J.B.CHEMICALS, based on rolling 12 month earnings, stands at 20.4x.

This article (J.B.CHEMICALS at All Time High; BSE HEALTHCARE Index Up 1.3%) is authored by Equitymaster.

Equitymaster is a leading 'independent' equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

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Exports of (bop) - Basic Chemicals in Canada increased to 545.30 CAD Million in March from 512.60 CAD Million in February of 2020. Exports of (bop) - Basic Chemicals in Canada averaged 441.79 CAD Million from 1988 until 2020, reaching an all time high of 1007.30 CAD Million in June of 2007 and a record low of 160.90 CAD Million in November of 1991. This page includes a chart with historical data for Canada Exports of (bop) - Basic Chemicals.

Exports (Bop) - Basic Chemicals And Industrial Chemical Products in Canada decreased to 1423.40 CAD Million in March from 1587.20 CAD Million in February of 2020. Exports (Bop) - Basic Chemicals And Industrial Che in Canada averaged 1114.09 CAD Million from 1988 until 2020, reaching an all time high of 2146.90 CAD Million in July of 2008 and a record low of 287.30 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Basic Chemicals And Industrial.

Exports (Bop) - Basic&Industrial Chemical, Plastic Products in Canada decreased to 2611.80 CAD Million in March from 2750.50 CAD Million in February of 2020. Exports (Bop) - Basic&Industrial Chemical, Plastic in Canada averaged 1988.89 CAD Million from 1988 until 2020, reaching an all time high of 3322.70 CAD Million in July of 2008 and a record low of 492 CAD Million in December of 1989. This page includes a chart with historical data for Canada Exports of (bop) - Basic&industrial Chemical, Pla.

Imports - Coloring Agents & Photographic Chemicals (Census) in the United States increased to 1236.45 USD Million in March from 1180.53 USD Million in February of 2020. Imports - Coloring Agents & Photographic Chemicals in the United States averaged 632.30 USD Million from 1989 until 2020, reaching an all time high of 1260.98 USD Million in December of 2018 and a record low of 160.16 USD Million in March of 1989. This page includes a chart with historical data for the United States Imports of Coloring Agents & Photographic Chemica.

Imports of Chemicals - Organic Sitc in the United States increased to 4432 USD Million in March from 4196 USD Million in February of 2020. Imports of Chemicals - Organic Sitc in the United States averaged 3273.76 USD Million from 1996 until 2020, reaching an all time high of 5407 USD Million in April of 2015 and a record low of 1061 USD Million in November of 1996. This page includes a chart with historical data for the United States Imports of Chemicals - Organic Sitc.

Imports of Chemicals - Medicinal Sitc in the United States increased to 14324 USD Million in March from 10830 USD Million in February of 2020. Imports of Chemicals - Medicinal Sitc in the United States averaged 4621.44 USD Million from 1996 until 2020, reaching an all time high of 14324 USD Million in March of 2020 and a record low of 501 USD Million in August of 1996. This page includes a chart with historical data for the United States Imports of Chemicals - Medicinal Sitc.

Imports of Chemicals - Inorganic Sitc in the United States increased to 972 USD Million in March from 845 USD Million in February of 2020. Imports of Chemicals - Inorganic Sitc in the United States averaged 861.48 USD Million from 1996 until 2020, reaching an all time high of 1790 USD Million in September of 2011 and a record low of 349 USD Million in June of 1996. This page includes a chart with historical data for the United States Imports of Chemicals - Inorganic Sitc.

This document outlines the methodologies and tools currently used to assess the risk of chemicals to children’s health and also identifies possible needs for additional guidance or tools based on the results of an on-line survey conducted in November 2011. The following areas of risk assessment are covered: definitions, hazard and exposure assessment, risk characterisation, cohort studies and combined exposure to multiple chemicals.

Several OECD countries have published their plans for the development of a future bioeconomy, in which bio-based materials and production techniques will contribute significantly to economic and environmental sustainability. The case for support for bio-based chemicals and plastics therefore warrants serious attention.

Imports of Chemical Products CMLV in South Africa increased to 29726.48 ZAR Million in March from 19804.12 ZAR Million in February of 2020. Imports of Chemical Products CMLV in South Africa averaged 59335.46 ZAR Million from 2014 until 2020, reaching an all time high of 127542.43 ZAR Million in December of 2019 and a record low of 8042.62 ZAR Million in January of 2015. South Africa accounts for Imports of Chemical Products using cumulative values for each year (CMLV). This page includes a chart with historical data for South Africa Imports of Chemical Products CMLV.

Imports of Chemical & Allied Industries Products in South Africa increased to 9913.50 ZAR Million in March from 9806.22 ZAR Million in February of 2020. Imports of Chemical & Allied Industries Products in South Africa averaged 9515.36 ZAR Million from 2014 until 2020, reaching an all time high of 13357.99 ZAR Million in October of 2018 and a record low of 7160.89 ZAR Million in June of 2014. This page includes a chart with historical data for South Africa Imports of Chemical & Allied Industries Products.

Exports of Semi Mfc Prds - Chemical Wood P in Brazil decreased to 58 USD Million in April from 563.29 USD Million in March of 2020. Exports of Semi Mfc Prds - Chemical Wood P in Brazil averaged 244.52 USD Million from 1989 until 2020, reaching an all time high of 999.90 USD Million in January of 2019 and a record low of 10.90 USD Million in September of 1991. This page includes a chart with historical data for Brazil Exports of : Semi Mfc Prds - Chemical Wood P.

Exports of Kcs - Petroleum Chemical in South Korea decreased to 2578000 USD THO in April from 3280000 USD THO in March of 2020. Exports of Kcs - Petroleum Chemical in South Korea averaged 3258046.51 USD THO from 2006 until 2020, reaching an all time high of 4458000 USD THO in October of 2018 and a record low of 1531000 USD THO in January of 2009. This page includes a chart with historical data for South Korea Exports of Kcs - Petroleum Chemical.

Imports of Intra EU - Organic Chemicals in the United Kingdom increased to 355.73 GBP Million in February from 349.04 GBP Million in January of 2020. Imports of Intra EU - Organic Chemicals in the United Kingdom averaged 393.09 GBP Million from 1996 until 2020, reaching an all time high of 842.21 GBP Million in November of 2011 and a record low of 0.50 GBP Million in March of 2015. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Organic Chemicals.

Imports Intra Eu - Miscellaneous Chemical Products in the United Kingdom decreased to 269.99 GBP Million in February from 334.26 GBP Million in January of 2020. Imports Intra Eu - Miscellaneous Chemical Products in the United Kingdom averaged 170.77 GBP Million from 1996 until 2020, reaching an all time high of 369.57 GBP Million in March of 2019 and a record low of 53.70 GBP Million in December of 1996. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Miscellaneous Chemical Prod.

Imports of Intra EU - Inorganic Chemicals in the United Kingdom increased to 90.76 GBP Million in February from 69.83 GBP Million in January of 2020. Imports of Intra EU - Inorganic Chemicals in the United Kingdom averaged 87.11 GBP Million from 1996 until 2020, reaching an all time high of 197.43 GBP Million in October of 2009 and a record low of 39.83 GBP Million in April of 1999. This page includes a chart with historical data for the United Kingdom Imports of Intra EU - Inorganic Chemicals.

Exports of Chemicals & Chemical Products in Singapore decreased to 6081.22 SGD Million in March from 6116.81 SGD Million in February of 2020. Exports of Chemicals & Chemical Products in Singapore averaged 2455.98 SGD Million from 1980 until 2020, reaching an all time high of 7779.71 SGD Million in October of 2018 and a record low of 96.60 SGD Million in January of 1982. This page includes a chart with historical data for Singapore Exports of Chemicals & Chemical Products.

Imports of Organic Chemicals in Singapore increased to 966.87 SGD Million in March from 804.29 SGD Million in February of 2020. Imports of Organic Chemicals in Singapore averaged 767.03 SGD Million from 2014 until 2020, reaching an all time high of 1132.98 SGD Million in May of 2019 and a record low of 557.70 SGD Million in February of 2015. This page includes a chart with historical data for Singapore Imports of Organic Chemicals.

Trade Balance Extra Ea18 - Chemicals In the Euro Area decreased to 15283.40 EUR Million in February from 15595.90 EUR Million in January of 2020. Trade Balance Extra Ea18 - Chemicals in the Euro Area averaged 8489.58 EUR Million from 1999 until 2020, reaching an all time high of 17954.10 EUR Million in October of 2019 and a record low of 2317.30 EUR Million in January of 1999. This page includes a chart with historical data for Euro Area Trade Balance Extra Ea18 - Chemicals.

Imports From Extra Ea18 - Chemicals (Trade Value %yoy) In the Euro Area increased to 5.50 percent in February from 5.10 percent in January of 2020. Imports From Extra Ea18 - Chemicals (Trade Value % in the Euro Area averaged 49.21 percent from 2000 until 2020, reaching an all time high of 10283.16 percent in June of 2013 and a record low of -15.70 percent in June of 2009. This page includes a chart with historical data for Euro Area Imports of Extra Ea18 - Chemicals (trade Value %y.

Imports of Extra Ea18 - Chemicals In the Euro Area decreased to 21506.30 EUR Million in February from 22343.30 EUR Million in January of 2020. Imports of Extra Ea18 - Chemicals in the Euro Area averaged 13222.31 EUR Million from 1999 until 2020, reaching an all time high of 22507 EUR Million in March of 2019 and a record low of 5260.40 EUR Million in January of 1999. This page includes a chart with historical data for Euro Area Imports of Extra Ea18 - Chemicals.

Imports of Chemicals, Perfumes and Cosmetics in France decreased to 3737 EUR Million in March from 3772 EUR Million in February of 2020. Imports of Chemicals, Perfumes and Cosmetics in France averaged 3208.78 EUR Million from 2000 until 2020, reaching an all time high of 4188 EUR Million in March of 2012 and a record low of 1902 EUR Million in August of 2003. This page includes a chart with historical data for France Import: Chemicals, Perfumes And Cosmetics.

Exports of Chemicals, Perfumes and Cosmetics in France increased to 5188 EUR Million in March from 4941 EUR Million in February of 2020. Exports of Chemicals, Perfumes and Cosmetics in France averaged 3942.93 EUR Million from 2000 until 2020, reaching an all time high of 5488 EUR Million in March of 2019 and a record low of 2345 EUR Million in December of 2001. This page includes a chart with historical data for France Export: Chemicals, Perfumes And Cosmetics.

Imports of Mineral, Tar & Crude Chemicals in Japan increased to 2185.47 JPY Million in March from 779.88 JPY Million in February of 2020. Imports of Mineral, Tar & Crude Chemicals in Japan averaged 4366.38 JPY Million from 1988 until 2020, reaching an all time high of 26302.53 JPY Million in May of 2006 and a record low of 264.34 JPY Million in March of 2009. This page includes a chart with historical data for Japan Imports of Mineral, Tar & Crude Chemicals.

Imports of Inorganic Chemicals in Japan increased to 53474.06 JPY Million in March from 47926.07 JPY Million in February of 2020. Imports of Inorganic Chemicals in Japan averaged 32492.32 JPY Million from 1988 until 2020, reaching an all time high of 87498.27 JPY Million in January of 2018 and a record low of 10051.16 JPY Million in February of 1993. This page includes a chart with historical data for Japan Imports of Inorganic Chemicals.

Imports of Industrial Chemicals in Japan increased to 667713 JPY Million in March from 581111 JPY Million in February of 2020. Imports of Industrial Chemicals in Japan averaged 229408.96 JPY Million from 1963 until 2020, reaching an all time high of 778782 JPY Million in October of 2018 and a record low of 4754 JPY Million in May of 2014. This page includes a chart with historical data for Japan Imports of Industrial Chemicals.

Imports of Chemical Materials & Products, Nes in Japan increased to 70074.22 JPY Million in March from 53813.61 JPY Million in February of 2020. Imports of Chemical Materials & Products, Nes in Japan averaged 41938.15 JPY Million from 1988 until 2020, reaching an all time high of 78489.37 JPY Million in October of 2018 and a record low of 15491.91 JPY Million in April of 1988. This page includes a chart with historical data for Japan Imports of Chemical Materials & Products, Nes.

Imports of Chemical Compounds & Elements in Japan increased to 198189.09 JPY Million in March from 172427.10 JPY Million in February of 2020. Imports of Chemical Compounds & Elements in Japan averaged 135893.61 JPY Million from 1988 until 2020, reaching an all time high of 271316.65 JPY Million in October of 2018 and a record low of 60049.61 JPY Million in September of 1993. This page includes a chart with historical data for Japan Imports of Chemical Compounds & Elements.

Imports of Chemicals & Rel. Products in Australia increased to 2991 AUD Million in March from 2576 AUD Million in February of 2020. Imports of Chemicals & Rel. Products in Australia averaged 1397.11 AUD Million from 1988 until 2020, reaching an all time high of 2991 AUD Million in March of 2020 and a record low of 302 AUD Million in December of 1988. This page includes a chart with historical data for Australia Imports of Chemicals & Rel. Products.

Imports of Chemical Materials & Products in Australia increased to 267 AUD Million in March from 242 AUD Million in February of 2020. Imports of Chemical Materials & Products in Australia averaged 141.07 AUD Million from 1988 until 2020, reaching an all time high of 315 AUD Million in January of 2018 and a record low of 31 AUD Million in January of 1988. This page includes a chart with historical data for Australia Imports of Chemical Materials & Products.

Imports of Manufacture of Basic Chemicals in Italy increased to 2986.21 EUR Million in January from 2222.94 EUR Million in December of 2019. Imports of Manufacture of Basic Chemicals in Italy averaged 1997.30 EUR Million from 1991 until 2020, reaching an all time high of 3955.20 EUR Million in May of 2007 and a record low of 281.80 EUR Million in August of 1991. This page includes a chart with historical data for Italy Imports of Manufacture of Basic Chemicals.

Imports of Chemical & Synthetic Fibre Prds. in Italy decreased to 3444.25 EUR Million in February from 3589.99 EUR Million in January of 2020. Imports of Chemical & Synthetic Fibre Prds. in Italy averaged 3053.51 EUR Million from 2014 until 2020, reaching an all time high of 3668.60 EUR Million in May of 2018 and a record low of 1871.03 EUR Million in August of 2015. This page includes a chart with historical data for Italy Imports of Chemical & Synthetic Fibre Prds.

Imports - Other Materials Except Chemicals (Census Basis) in the United States increased to 128.32 USD Million in March from 114.12 USD Million in February of 2020. Imports - Other Materials Except Chemicals (Census in the United States averaged 122.15 USD Million from 1989 until 2020, reaching an all time high of 161.72 USD Million in September of 2000 and a record low of 85.32 USD Million in August of 2009. This page includes a chart with historical data for the United States Imports of Other Materials Except Chemicals.

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