Indo Borax & Chemicals Ltd | A Momentum Stock
was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.
Fundamentals: excellent
Market Cap =₹ 604 Cr. ROCE = 28.7 % ROE = 21.0 % Debt to equity =0.0
Promoter holding=52.1 % Quick ratio =10.7 Current ratio=13.7
Piotroski score =9.0 Profit Var 3Yrs =44.1% Sales growth 3Years =25.0%
Return on assets = 19.6 %
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