RELIANCE CHEMOTEX INDUSTRIES LTD. Buy for Long Term
On Radar
RELIANCE CHEMOTEX (503162)
Cmp 73.20
👉 Reliance chemotex has posted Phenomenal growth in topline and bottom line
👉 Promoters have increased stake to 72.65% from 50.43% by subscribing to right issue which shows immense confidence in the business.
👉 Its net long term debt to equity is at just 0.11x as on March 2020 which is great
👉 Company has reduced its long term debt in last two years
👉 The new generation management are MIT Graduates and are forward looking who can take Company to great heights
Since the new generation management who are MIT Graduates have taken over the company is performing very well
Re- Rating possible
It is shown PAT growth of 128% in FY20
RELIANCE CHEMOTEX (503162)
Cmp 73.20
👉 Reliance chemotex has posted Phenomenal growth in topline and bottom line
👉 Promoters have increased stake to 72.65% from 50.43% by subscribing to right issue which shows immense confidence in the business.
👉 Its net long term debt to equity is at just 0.11x as on March 2020 which is great
👉 Company has reduced its long term debt in last two years
👉 The new generation management are MIT Graduates and are forward looking who can take Company to great heights
Since the new generation management who are MIT Graduates have taken over the company is performing very well
Re- Rating possible
It is shown PAT growth of 128% in FY20
Feragatname
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