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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.