KR Senthilnathan on 2 chemical stocks that are still good buys
“We are trying to see structural change in the consumption pattern. So wherever there is a structural change in the consumption pattern, we will be a buyer of that. And that is where the wealth has been created in the past and we continue to believe in that.”
Corporate Radar: Multibagger chemical stock to trade ex-split; Vijay Kedia stock to mull fund raising & more
Choice International: This stock held by Madhusudan Kela stock will also release its results today. The company is among the leading financial services conglomerate catering globally. In the September quarter, the companys net sales were at Rs 74.07 crore, 21% higher on a year-on-year basis.
The company in the filing said the split is being considered to enhance the liquidity in the capital market, to widen shareholder base and to make the shares more affordable to small investors
With 3-year returns at 1476% return, this smallcap stock will consider stock split on Monday
Vishnu Chemicals is a multibagger stock with year-to-date returns of 129% and 3-year returns at an exorbitant 1,476%.Ahead of the stock split, the stock of Vishnu Chemicals ended 5% upper circuit at Rs 2000.3 per share.Hyderabad-bade Vishnu Chemicals is a pure play chemical manufacturer that serves companies across industries such as steel, glass, pharmaceutical, pigments and dyes, leather and allied industries.
Buy Sudarshan Chemical Industries, target price Rs 585: Anand Rathi
Sudarshan Chemical Industries Ltd., incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 2859.09 Crore) operating in Chemicals sector.
Atul Ltd. key Products/Revenue Segments include Dyes & Pigments, Sale of services, Export Incentives, Scrap and Processing Charges for the year ending 31-Mar-2022.
Meghmani Organics CFO on capex, expansion, topline and more
“We are expanding our multipurpose plant in agro division by spending Rs 350 crore plus. We are expecting to commission it in early Q3 of this financial year. In the case of pigment division, our first phase of expansion in titanium dioxide capacity will be in late Q3 of this financial year. We will be spending around Rs 275 crore in the first phase and Rs 325 crore in the second phase and double the titanium dioxide capacity.”
Brokerages bullish on these specialty chemical stocks ahead of Q1 numbers
The brokerage believes that a healthy order book and new product pipeline would boost the company's topline. "Margin expansion is possible over cost reduction, while organic and inorganic routes will pave way for business growth," it added
Buy Sudarshan Chemical Industries, target price Rs 620: HDFC Securities
Sudarshan Chemical Industries Ltd., incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 2951.50 Crore) operating in Chemicals sector.
Buy Sudarshan Chemical Industries, target price Rs 620: HDFC Securities
Sudarshan Chemical Industries Ltd., incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 3156.07 Crore) operating in Chemicals sector.
Yasho Industries acquires 42-acre land in Payal Industrial Park of Arete Group in Gujarat
The company plans to invest around Rs 350 crore for Phase-1 as the capex investment and will be developing a specialty and fine chemicals manufacturing plant.
Buy on dips, sell on rise best strategy till Nifty touches 11,300-11,500: Sumit Bilgaiyan
As FII inflows continue to remain strong, the liquidity remains healthy and hence sharper correction without a specific event trigger on domestic/global seems unlikely.