BASF India Ltd Stock Quotes and Charts
News Updates:<br>Officials from German chemical giant BASF AG said Tuesday they remained hopeful they could get European Union approval to start cultivation of their genetically engineered potato by next year's growing season.<br><br>The product has already passed a safety check by the EU's European Food Safety Authority and it is not meant for human consumption. Instead, the potato would provide starch for industrial uses, such as making glossy magazine coatings and as an additive in sprayable concrete. Byproducts will be used to make animal feed, Kast said.
Climatic change is confronting economy and society with major challenges on a global scale - and they can only be mastered if all the regions and parties involved play their part. The global thirst for energy is increasing dramatically. Fossil energy sources are becoming increasingly scarce.<br> <br>Greenhouse gas emissions are rising sharply. This poses a number of questions: How can we secure energy supplies given this situation? How can we guarantee competitive prices? How can we ensure sustainable climate protection?<br><br> BASF favors an energy policy that meets the demands of both economic and environmental policy. Our objective must be to guarantee long-term energy supplies and a high level of supply security at competitive prices, while taking adequate account of environmental protection. <br><br>Efficient energy production and reduced energy consumption not only contribute substantially to climate protection, they are also in BASF's economic interest. Overall, by 2008 we [therefore] plan to invest about 30 percent of our research expenditures in
BASF India net profit rises 24.58% in the December 2007 quarter.Sales rise 22.01% to Rs 222.71 crore.<br>Net profit of BASF India rose 24.58% to Rs 11.00 crore in the quarter ended December 2007 as against Rs 8.83 crore during the previous quarter ended December 2006. Sales rose 22.01% to Rs 222.71 crore in the quarter ended December 2007 as against Rs 182.54 crore during the previous quarter ended December 2006<br>
BASF India net profit rises 20.16% in the March 2008 quarter <br><br>Sales rise 20.32% to Rs 193.36 crore <br><br>Net profit of BASF India rose 20.16% to Rs 4.41 crore in the quarter ended March 2008 as against Rs 3.67 crore during the previous quarter ended March 2007. Sales rose 20.32% to Rs 193.36 crore in the quarter ended March 2008 as against Rs 160.70 crore during the previous quarter ended March 2007. <br><br>For the full year, net profit rose 18.53% to Rs 59.37 crore in the year ended March 2008 as against Rs 50.09 crore during the previous year ended March 2007. Sales rose 18.04% to Rs 907.20 crore in the year ended March 2008 as against Rs 768.53 crore during the previous year ended March 2007. <br>
Is anyone holding/tracking BASF, I have recived buy back offer at rs.274/-.Considering the present market scene, should we be accepting this offer from the company.
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