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    Sell Alkyl Amines Chemicals, target price Rs 2470: HDFC Securities

    Synopsis

    Alkyl Amines Chemicals Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 14839.92 Crore) operating in Chemicals sector.

    buyAgencies
    Promoters held 71.99 per cent stake in the company as of 30-Sep-2022, while FIIs owned 2.28 per cent, DIIs 1.11 per cent.
    HDFC Securities has sell call on Alkyl Amines Chemicals with a target price of Rs 2470. The current market price of Alkyl Amines Chemicals is Rs 2886.45.

    Alkyl Amines Chemicals Ltd., incorporated in the year 1979, is a Small Cap company (having a market cap of Rs 14839.92 Crore) operating in Chemicals sector.

    Alkyl Amines Chemicals Ltd. key Products/Revenue Segments include Amine Derivatives, Speciality Chemicals, Processing Charges, Export Incentives, Scrap, Other Operating Revenue, Gases Industrial for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-09-2022, the company reported a Standalone Total Income of Rs 411.20 Crore, down -13.92 % from last quarter Total Income of Rs 477.68 Crore and up 16.53 % from last year same quarter Total Income of Rs 352.87 Crore. Company reported net profit after tax of Rs 52.41 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 71.99 per cent stake in the company as of 30-Sep-2022, while FIIs owned 2.28 per cent, DIIs 1.11 per cent.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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