Buzzing stocks: Laurus Labs, Bharti Airtel, Godrej Consumer, Mukund, ABB India, Adani Wilmar, Anupam Rasayan India, Bajaj Consumer Care, Cholamandalam Investment, Godrej Properties, Havells India, Reliance Power, Sula Vineyards, Tata Chemicals, Titan Company, Vimta Labs and Vishnu Chemicals

Stocks to watch on May 3, 2023

Anupam Rasayan India share price touched a 52-week high of Rs 1,123.45. Earlier this month, the chemical maker signed a $182 million agreement with a leading Japanese firm

Anupam Rasayan hits 52-week high on Rs 380-crore order win

Anupam Rasayan India jumped 2.73% after the company signed letter of intent (LoI) worth revenue of $120 million or Rs 984 crore for next 6 years with Japanese chemical company to supply advance intermediate for life science active ingredient.

Anupam Rasayan gains on signing LoI with Japanese firm

Anupam Rasayan India, one of the leading companies in manufcaturing specilaity chemicals, on Wednesday announced to invest ₹670 crore for new chemical plants in Gujarat.

Anupam Rasayan to invest ₹670 crore for three new units

KR Choksey is bullish on Anupam Rasayan India has recommended buy rating on the stock with a target price of Rs 839 in its research report dated February 03, 2023.

Buy Anupam Rasayan India; target of Rs 839: KR Choksey

Chemicals maker Anupam Rasayan India Ltd on Friday posted a 43.61 per cent jump in its consolidated net profit to Rs 54.43 crore in the third quarter of the current fiscal.

Anupam Rasayan net profit jumps 43.61% to Rs 54.43 crore in Dec qtr

HDFC Bank, MBL Infrastructure, Ramco Systems, Tata Steel, Anupam Rasayan India, 3i Infotech among shares in news today

Buzzing stocks: HDFC Bank, MBL Infrastructure, Ramco Systems, Tata Steel and others in news today

Nirmal Bang has Accumulate ratings on two chemical stocks - Navin Fluorine International and Anupam Rasayan India

Top 2 chemical stocks to ‘accumulate’ post Q2, as recommended by Nirmal Bang

Anupam Rasayan India advanced 1.10% to Rs 733 after the company announced the signing of two contracts with one of the leading European crop protection company for supplying two new life science related specialty chemicals.

Anupam Rasayan gains on bagging two contracts from European Crop Protection Company

Anupam Rasayan India said that the Gujarat Pollution Control Board has directed the company to pay an interim environmental damage compensation of Rs 1 crore.

GPCB directs Anupam Rasayan to pay Rs 1 crore environmental damage compensation

Anupam Rasayan India fell 4.55% to Rs 751.65 after the company reported a fire accident at its plant at Unit 6 in Sachin GIDC, Surat, on Saturday (10 September) night.

Anupam Rasayan slides after fire accident at Surat plant

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Anupam Rasayan is engaged in the business of custom synthesis and manufacturing of specialty chemicals in India.