The stock has made a higher bottom formation, and with high volume participation, this stock is in an upward trend along with a rising RSI.

High channel inventory, subdued export demand, high sales returns and repricing of chemicals likely dented the performance/earnings for the quarter ended December

If one looks at the stock performance, most of them have given positive returns consistently in the last three years. Industrial equipment maker Elpro International, GMM Pfaudler, Inox Wind, Asahi India Glass, Indian Hotels, and Blue Dart Express have given double-digit returns in the current financial year despite the volatility in the market.

Camlin Fine Sciences Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 2432.94 Crore) operating in Chemicals sector.

Wall Street stocks fell Friday to conclude a volatile week with markets shrugging off mostly solid bank earnings amid worries over bond yields and rising recession risk. JPMorgan Chase, Citigroup and Wells Fargo all rallied after reporting profits that exceeded analyst expectations even as they highlighted increased economic risks.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 384.80 crore, down 6.27 per cent from last quarter total income of Rs 410.54 crore and up 12.72 per cent from last year same quarter total income of Rs 341.38 crore.

Camlin Fine Sciences Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 2105.43 Crore) operating in Chemicals sector.

Nifty50 on Thursday formed a strong bullish candle on the daily chart as it snapped a three-day losing streak and rallied. The index negated lower highs and lows of the last two sessions.

The company is expected to be valued at around Rs8000 crore, said one of the persons cited above. Feelers were sent to large buyout funds such as KKR, TPG, Carlyle, Temasek and Advent International.

Nifty moved in a range of 130 points and formed a small bearish candle with a long upper wick, indicating selling pressure at higher levels.

Manish Hathiramani, Technical Analyst at Deen Dayal Investments, said, a breach of the 15,300 level can open up doors for 15,550-15,600 levels.

Emkay Global Financial is bullish on Camlin Fine Sciences has recommended buy rating on the stock with a target price of Rs 140 in its research report dated November 13, 2020.

Camlin Fine Sciences Ltd., incorporated in the year 1993, is a Small Cap company (having a market cap of Rs 1215.88 Crore) operating in Chemicals sector.

Overall, 41 shares were trading in green in Nifty50 index, while 8 were trading in red.

Emkay Global Financial is bullish on Camlin Fine Sciences has recommended buy rating on the stock with a target price of Rs 115 in its research report dated September 22, 2020.