ALKYL AMINES LONGBuy above 4305 witha stoploss below 4023
Alkyl Amines Chemicals has an operating revenue of Rs. 1,389.09 Cr. on a trailing 12-month basis. An annual revenue growth of 25% is outstanding, Pre-tax margin of 32% is great, ROE of 37% is exceptional. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet.
ALKYLAMINE
ALKYLAMINENote:
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Alkyl Amine | Consolidating Near All Time HighAlkyl 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.