Alkyl Amine | Consolidating Near All Time High

11 Eki 2020

Alkyl Amines Chemicals is a global manufacturers and suppliers of amines, amine derivatives and other specialty chemicals. The stock has declared EPS of Rs 25.88 during Q1FY21 as against full year EPS of Rs 105.47 which is ~25% of full year EPS. Considering the Covid lockdown the performance during Q1FY21 was good. The stock is now consolidating near its ATH and any break above 2580 will give fresh legs to the rally. Q2FY21 results holds the key.