Simple Chart - Long Consolidation ( Flag Pattern ). Targets could be higher as well but taking it one by one due to overall market volatility.
Fundamentally :
The company has declared Negative results for the last 7 consecutive quarters
PAT(9M) At Rs 724.72 cr has Grown at -20.67 %
INTEREST(9M) At Rs 286.57 cr has Grown at 21.09 %
ROCE(HY) Lowest at 10.25
However looking at the chart, something has changed fundamentally which is why there is demand coming in from big players.
Specialty Chemical Outlook:-
Anticipate good Agro Demand in Q4 with significant improvement over Q3
Fluorochem Outlook:-
Q4 to perform significantly better ; Supported by higher HFC Volumes.
Packaging Film Outlook:-
Demand -Supply imbalance to continue but will soften.
Fundamentally :
The company has declared Negative results for the last 7 consecutive quarters
PAT(9M) At Rs 724.72 cr has Grown at -20.67 %
INTEREST(9M) At Rs 286.57 cr has Grown at 21.09 %
ROCE(HY) Lowest at 10.25
However looking at the chart, something has changed fundamentally which is why there is demand coming in from big players.
Specialty Chemical Outlook:-
Anticipate good Agro Demand in Q4 with significant improvement over Q3
Fluorochem Outlook:-
Q4 to perform significantly better ; Supported by higher HFC Volumes.
Packaging Film Outlook:-
Demand -Supply imbalance to continue but will soften.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.