Panama Petrochem Limited
Ramesh Damani increased his stake in Panama Petrochem from 1.12% to 1.16%, raising his shareholding by 22,500 shares from 678,456 to 700,956. The transaction value is approximately ₹94 lakh.
A lubricants manufacturer engaged in converting and processing crude oil derivatives into specialty products for industrial and automotive applications. Panama Petrochem produces over 80 formulated products across multiple segments, serving customers in India and international markets. The company operates integrated manufacturing facilities with vertically integrated operations and distributes its comprehensive range through established distribution channels and partnerships.
Invested ₹10 lakh in Infosys and CMC in 1993, and watched it become a fortune by decade's end. A BSE member since 1989, Ramesh Damani is part of Dalal Street's golden generation of value investors and the face of CNBC-TV18's Wizards of Dalal Street. Today he focuses on quality small-caps, Goldiam International, Panama Petrochem, where deep research finds value before the street does. A name worth tracking for every serious investor.