The most under valued chemical company in a reputed group. Only available in bse.
arguments for buy:
1.High demand sector -chemical (caustic soda ).
2. trading@2.8 pe and 33.8 eps.
3.from last 3 years netprofit jumped 15 times, from 29 cr to 362 cr.
4. promotors having 63% holding.
5.company having cash reserve of 939 cr but market cap only 1000 cr.
6. From last three years debt reduced from 420 cr to 232 cr.
The stock is available at deadly cheap valuation@94 rs , for a patience investor can get
multibagger return once investors attention comes to this company.my tgt 250-300 .
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