JULY - SEPTEMBER, 2020
Glorious Ten Years of Publication
Issue 40 | Vol - III, 2020
CEO Speaks
My Dear Himadrians,
I would like to start by thanking God; it is because of his kind
blessings that all the Members of the Himadri Parivar are safe
even in this period of acute Global Crisis. The COVID-19
situation has evolved further, and we are dealing with a significant Global
Challenge.
We, at Himadri, have implemented a series of preventative health measures for
all Himadrians as you are of utmost importance to us. Everything from
increasing the frequency and intensity of cleaning i.e. workplace/office
sanitization to ensure we meet with all the recommended guidelines like social
distancing, thermal screening, usage of masks by all employees etc. We are
meeting every day to discuss and understand how we can further identify
additional ways to improve on these measures.
For us at Himadri, serving the society we live in is of paramount importance. It
is time to think for others in this crisis too... especially the underprivileged.
You will be happy to know that your Company over the last 3 months,
distributed 30kgs of food grains per family to over 92,000 families. Over last
80 days on daily basis, we have been providing food to at least 1000 people.
We thought this will be a time when we can share some of our good fortune
with the people who are in need and be a true force for good deeds.
We are living through a difficult time for society and our economies. The crisis
around the COVID-19 pandemic has left no one untouched. There is no doubt
that COVID-19 will have a large impact on the Indian Economy. Lockdown
has put great stress on MSME Sector impacting the Industrial and
Manufacturing Activities. It has also increased the unemployment rate in the
country. The government has announced a slew of measures to prevent total
collapse, but the recovery will be slow and will definitely take some time.
As an organization, these are extremely tough times for us too. Your company
is facing multiple challenges like increase in cheap imports from China &
South Korea in CB and Napthalene Business, drop in demand for Carbon
Black, more intense domestic competition in CTP business and also a few
more. This has put a lot of pressure on our product realizations which
eventually has impacted our profitability. Because of this situation, we have
missed our budget for FY20, both in terms of Sales and Profits by 30%.
To overcome this unique challenge, we request all of you to stay focused and
work on improving operational efficiency, yield, and reduce energy
consumption. Ensure all the planned initiatives are taken with utmost
seriousness and targeted results are achieved by focusing on strategic customer
group.
During these unprecedented times, many corporates has taken salary cut to
recoup the business loss and conserve cash. We, at Himadri, have ensured
timely payment of salaries in full and trying to sustain these costs. This is a
time when we must act more from our hearts than from our minds. In difficult
times, family members stand for each other.
This isn’t business as usual, and it’s a time of great stress and uncertainty. Only
in times of such crisis heroes are born. In all modesty, we want Himadri’s
values to shine at this difficult hour. I earnestly and humbly request all of you
to use time to Reboot, Reinvent and Reignite through introspection of the way
things are currently done and then doing them better in the future. As we still
not able to work with 100% manpower and most of you are working from
home, I would urge everyone to form a small group of 5 to 10 people discuss
and deliberate new ideas to improve efficiency in the existing business
operations and strategies for cost optimization for sustainable growth. I would
also encourage to do online discussion with your immediate superior in next 15
days and understand thoroughly SOPs and prepare yourself to take up
additional responsibilities. Relook at personal and professional way of life to
prepare for the future and to serve the "post corona world".
I wish you all and your family members to remain Safe and Secured during this
Challenging Time.
Anurag Choudhary
anurag@himadri.com
“Challenge and Adversity are meant to help you know who you are. Storms hit your
weakness, but unlock your true strength.” - Roy T. Bennett
Editorial
Dear Colleagues
Mismanagement of the Migrant Crisis and the treatment
meted out to our poorest Citizens during the Pandemic
could be a Blatant Shame for us all.
How can so many be invisible? All around us, in our great metropolis,
we see cranes on the top of building stealthily climbing skywards but
we do not see the workers inside. At the important crossroads and
chowks of our cities every morning, hordes of young men and women
gather – masons, carpenters, painters waiting for a call to work,
blended into the landscape.
We are now seeing them an exhausted child sleep on his mother’s
suitcase as she drags it along, a young man cradling his friend as he
breathes his last after walking hundreds of miles. We see expectant
mother in full term and walking nevertheless, who delivers child and
walks on again.
We have underestimated the role of Migrants played in Indian
Economy. We have failed to recognise their contribution. We knew
they existed but never acknowledged their quantum. Now they have
come under limelight. Government, Policy Makers, Economists and
Others now know they can no longer take Migration lightly or
Migrants for a ride.
The Corona virus separated them but during 70 years of their Marriage
nothing could keep apart New Yorkers Walter Williard, 91 and Jean
Williard, 89. But, when finally, they were reunited at Eddy Memorial
Geriatric Centre, the Staff Members caught the moment on Camera “Oh,
Honey, I’m so happy to see you” Jean Says. Walter then asks if she’s ok to
which she responds, “No, I missed you”.
Taylor, a New York Nurse , working on the front lines of the Novel
Corona Virus got her own miracle recently – a re-union with a fire-fighter
who saved her life 36 years ago.
While working at the Hospital on evening of May 22, a group of Fire-
fighters stopped by to thank Healthcare Workers. In a bid of hope, Taylor
asked them how she’d get in touch with a long retired Fire- fighter. They
told her to call his Station. She’d spent years trying to find him online with
No Luck. An hour after calling Ladder 20, the telephone rang – it was her
hero. Pugliese recounted the incredible story: “I didn’t have gear on. I had
a helmet and an axe. The hallway was pretty well charged with lot of
smoke” To a fourth floor loft, Taylor’s mother was trapped. “She was
yelling: My baby, My baby, My baby” he recalled. Pugliese found her 4
years old Baby who was at that time unconscious. He gave her some air
while his crew carried Taylor’s mother down. The New York Fire
Department shared a side-by-side image of both Taylor and Pugliese
alongside the heart warming story of her rescue that happened 36 years
ago.
A great Grandma cracked a cold one to celebrate beating COVID 19.
Jennie Stejna, 103, was the first resident at her Massachusetts Nursing
Home to catch the Corona Virus. She then became the first person to beat
it after a 20 days’ fight. “She always had that feisty fighting spirit”
granddaughter Shelly Stejna Gunn said. “She did not give up” The spirit
was on display when Stejna took a victorious sip from a bottle of Bud
Light Beer. She took three big gulps before saying: “That’s Cold”.
Best Wishes to you all to remain Safe during this Pandemic Period and
Happy Reading your Newsletter.
Santanu Chatterjee
schatterjee@himadri.com
“No matter how much falls on us, we keep ploughing ahead. That's the only way to
keep the roads clear.” - Greg Kincaid
be a Proud Himadrian
 Issue 40 | Vol - III, 2020
What are the Best Ways to improve your Intelligence?
I believe there are a few common characteristics
that they all share.
 Building up on other people’s knowledge: First, you should learn
as much as possible from the existing knowledge. Usually
intelligent people learn everything very quickly, and
thoroughly. However, they do not live too much on all the
possible problem statements that can get triggered by any
theory. For example - if you read a Physics book, what you
actually need to do is to understand the fundamentals very
well, and be able to apply that knowledge coherently. To be
able to do this, you can solve a few problems from the book.
Perhaps if you are really enthusiastic, you can solve a lot of
problems, but once you know that you have understood the
subject, you should move on to the next thing.
 Breadth and Depth of Knowledge: Intelligent people continue
to increase both breadth and depth of their knowledge. They
don’t just focus on one of the aspects. Increasing only breadth
is like being jack of all trades but master of none and
increasing only depth is like master of one trade, but being
clueless about others. Intelligent people try to attempt getting
knowledge in a variety of fields, and work on getting enough
depth. Jeff Bezos is a great example of this. He made a
company that diversified into a lot of things very quickly.
 Inventing, Innovating, Exploring: Intelligent people do not
settle with just existing knowledge. They build and try new
things all the time. They innovate. They invent. They make
things better. They try, they fail, they try, they fail, they try
and they succeed!
 Learning from Mistakes: Making a mistake is an opportunity
to learn. Most people in the corporate world realize this. But
some people make repeated mistakes. Intelligent people do
not repeat their mistakes. They make many mistakes, but they
make them only once.
 Making Existing things Better: Intelligent people always seek
opportunities to make something better. Making an existing
thing better gives the whole world an edge to hold on to, and
a completely new baseline to trend onward. Think for
example about the concept of Hyper Loop. Elon Musk gave
this concept where the transportation can be made far better
when the concept materializes. The concept will be realized in
future, but when it will be realized, it would change the
world.
 Having a very Clear Vision: Intelligent people have a very clear
vision of what they want to realize. Then they simply figure
out a way to achieve that. On the way they meet up with a lot
of hurdles, but they solve them one after the other.
be a Proud Himadrian
 Having a Good Plan of Action: Many people in the world are
intelligent, and they are working in multiple organizations,
and making them successful. Most of the intelligent people
have a very good plan of action.
 Making Something Easier: Intelligent people always want to
simplify things. This is what saves time in the long run. More
time saved means, more time put towards learning new
things.
 Building Multi-dimensional Knowledge: Intelligent people focus
on parallel processing, and applying multiple competitive
approaches towards solving problems. They don’t get stuck
in one mode and say - this is the best way. They try many
ways, and bring out the best methods forward. Intelligent
people read multiple concepts. There is just no theoretical
limit to the knowledge. Intelligent people take concepts from
one place and apply them at other places. John Nash, the
famous mathematician used to keep his eyes and ears open all
the time. One of the reasons behind his success was that he
was very good at applying one concept from one place to
another place. This used to make something more widely
applicable with little efforts.
 Making Friends with Intelligent People: Intelligent people make
friends with intelligent people. They learn from them, and
share their learning with them. The best way to grow learning
is to share it with someone. Those who hide their learning are
not intelligent. Knowledge only grows by sharing. And
intelligent people do not hesitate to share it.
 Reading Books: Smart people spend an enormous number of
hours reading books. Reading a book is equivalent to gaining
the lifetime knowledge of an expert in few hours. Intelligent
people read hundreds of books, and gain the knowledge of
hundreds of people.
 Memorizing Concepts: Intelligent people memorize a lot of
concepts. At the end of the day, application of concepts comes
very easy, when you live, breathe, and work by the concepts.
 Practicing and Applying Concepts. Intelligent people
practice a lot, and apply learned concepts so many
times, that the concepts become a part of them.
Without this, one can know a concept, but may not be
able to apply it. Then the concept is not yours, and you
are not using it.
 Sharpen the Saw. Intelligent people continually make
things better in all the dimensions talked above.
 Following the Best of the Best. When they cannot
innovate, they follow the best of the best.
So, gaining Intelligence is not hard. You can build it
systematically. Keep working towards it, and you can certainly
become more Intelligent within just a few years.
Archana Kumari
akumari@himadri.com
“The voice of the intellect is a Soft One, but it does not rest until it
has gained a Hearing” - Sigmund Freud
 Issue 40 | Vol - III, 2020
Stock Trading for Beginner
I started investing in Stock Markets from March,
2019.I am sharing my experience about Investment.
Step 1: Read “RICH DAD AND POOR DAD” Book
Even Though this Book has nothing to do with Stock Market
Investments, this Book will change one’s perception about
Investments. This Book gives lesson about the single most
powerful asset we all have that is our Mind. If it is trained well,
it can create enormous wealth.
Step 2: – Read YouTube Materials on Stock Market Investment
In YouTube have all the contents which is required for a
beginner to start learning about the Stock Market Investments.
Basically you need to cover the topics such as Technical
Analysis, Fundamental Analysis, Trading Methods, Risk
Management, Taxation, Personal Finance etc.
Similarly, from Zerodha Varsity on Google, you will be able to
find the Topic.
Step 3: Try to learn the basics of Financial Statements from
YouTube
There are four types of Financial Statements –
 Income Statement,
 Cash Flow Statement,
 Balance Sheet and
 Statement of Changes in Equity.
It is not essential to know and remember the calculations and
formulas used in Financial Statements for Investments. All these
parameters can be found in the websites like Economic Times,
Money Control etc.
But it is essential to know the Terminologies used and how to
decode and analyse these ratios. Few of the key ratios are Price-
Earnings Ratio, PEG, ROE, ROCE, D/E, Net Profit Margin, Current
Ratio, Quick Ratio etc.
Step 4: Try to learn the basics of Economics
Stock Markets are impacted by micro and macro-economic factors.
So, knowing few things about economics helps a lot. Few
Examples
 What is Inflation, Deflation, Recession?
 What is Repo Rate, Reverse Repo Rate?
 Impact of Crude Oil Prices on Economy and Stock
Markets
 Economic Stimulus Packages
If you are picking a cyclical stock such as Asian Paints and Pidilite,
you should know that the decrease in Oil Prices is positive news
for these stocks
Step 5: Read few other Books related to Investments
Personally, I would suggest you to read the Book and looking
Website like Wallet Investor
 The Intelligent Investor
 https://walletinvestor.com
Welcome: New Joinee
MS. BAISHAKHI MITRA
Step 5 – Open a DEMAT Account or Trading Account
In Trading Account there are two types of Brokers
 Traditional Brokers
 Discount Brokers.
Opening a Trading Account with Discount Brokers helps to save a
lot of Brokerages
Step 6: – Start researching about common stocks you know
From households to airplanes, there is a company behind every
product. There are some products that you might have heard from
childhood.
Examples: Nestle India, Colgate Palmolive, HUL etc.
You don’t need to start investing in stocks with hidden gems.
Invest in what you know. Start with popular and blue-chip stocks
Examples: HDFC bank, Pidilite , L&T , TCS etc.
Do not invest a lumpsum amount at one time. Start Slow. Do not
get worried and distracted if the stocks you have invested in are
not performing too well initially. Many people exit the markets too
soon and are not able to get profits when their stocks start
performing. Also, do not get excited if your stock performs really
well in the initial days. One may end up selling the stocks with
Less Profits. So, have a disciplined strategy. Invest regularly
whenever you get an opportunity or when there is see a dip in the
market
Step 7: – Continue Learning
Increase your Investments as your savings increases. Do not
stop your learning once you are invested. Keep yourselves
updated with the Financial News, Posts and Blogs.
Stock Market is dynamic. So few things have to be
remembered before investing in Stock Markets
 Understand the difference between Trading and Investing
 Protection of Capital should be the first priority
 In Trading, always remember Hiroshima and Nagasaki were
destroyed in a day
 In Investing always remember, Rome was not built in a day
 In Stock, Buy falling knives only if you have strong fundamentals.
Back the Company not just because the prices have fallen
significantly.
My personal advice to all readers is if you invest money in Stock
Market, first study the Stock and analyse Stock Chart then, invest
on the Stock.
Tarun Kumar Bera
tarun.library@himadri.com
“The most important quality for an investor is temperament, not
intellect.” - Warren Buffett
be a Proud Himadrian
 Issue 40 | Vol - III, 2020

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B. PROVIDING RELIEF TO NEEDY FAMILIES ACROSS HOOGHLY DISTRICT DURING THE OUTBREAK OF COVID-19 PANDEMIC

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International Environment Day on 5th June,2020 29th March,2020 : On COVID-19 21st June,2020 : On-site Security Drilling

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Suggestion Box Himadri Speciality Chemical Limited, Mahishtikry Unit, Newsletter Committee Members
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be a Proud Himadrian Mr. S. Chatterjee