Long Akshar Chemicals : Gearing Up for the next move
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Hello Traders,
From an all time high of 945 the stock is in downtrend for a long time. In the month of OCt 2021,
it touch a high of 621 then felled from there to 232. Now it started consolidating and moving up,
showing strength.
Keeping 300 as strict Stop Loss, one can start adding up
Key stats
Market capitalization
1.755BINR
Dividends yield (FY)
0.23%
Price to earnings Ratio (TTM)
47.35
Basic EPS (TTM)
4.60INR
About AKSHARCHEM (INDIA) LTD
ISIN
INE542B01011
Sector
Process Industries
Industry
Chemicals: Specialty
Website
aksharchemindia.com
CEO
Munjal Mrugesh Jaykrishna
Headquarters
Mehsana
Employees
200
Founded
1989
AksharChem (India) Ltd. engages in the manufacture and export of dyes and pigments. It specializes in producing vinyl sulphone and CPC green which have applications in textiles, inks, rubber, plastics, paints and leather industries. The company was founded on July 4, 1989 and is headquartered in Mehsana, India.
AKSHARCHEM: 🚀🚀Good Buy@ CMP
TGT 1 - 610
TGT 2 - 660
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. Thi
Chemical surge in D-streetfollow up to all the chemical stock gaining there are only handful stocks left who havent contributed to this. One if this is akshar chem who saw some buying rage few weeks back. Here the length of the triangle gives a cheezy target of 630 but with the sector touching highs , build a position with c
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Income Statement
Balance Sheet
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