KR Choksey is bullish on Balaji Amines has recommended buy rating on the stock with a target price of Rs 3191 in its research report dated May 25, 2023.

Buy Balaji Amines; target of Rs 3191: KR Choksey

Key monitorable to watch would be sustenance of operating margins for the subsidiary - Balaji Specialty.

Balaji Amines: Does it merit a look?

Balaji Amines share price: The weakness in the share price came after the company posted a 57.81 per cent decline (year-on-year) in the March 2023 quarter (Q4 FY23). Profit after tax (PAT) for Q4 FY23 was Rs 55.21 crore as compared to Rs 130.85 crore in Q4 FY22. Diluted EPS (earnings per share) for …

Balaji Amines shares cut losses after diving 19% today

#BalajiAmines tanked 15% after its five independent directors & CFO resigned at once.

#GeojitFinancial's Gaurang Shah shares his views on the stock and other stocks buzzing in trade today. #BQLive 

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Stocks In Focus | NTPC, JSW Steel, Glenmark Pharma, Balaji Amines and more | BQ Prime

Balaji Amines’ Q4 numbers disappointed the Streets on the all three fronts of profit, revenue and profitability.

Dismal Q4 earnings drag Balaji Amines shares to 52-week low

Hemanth Reddy Gaddam has also resigned as whole-time director & CFO of the company with effect from closing hours on May 2023 to focus on its subsidiary Balaji Speciality Chemicals

Balaji Amines tanks 19%, hits 52-week low on weak Q4 results

Balaji Amines Sheds 19% to 52-Wk Low As CFO & All Independent Directors Resign

Balaji Amines fell 2.61% to Rs 2,005, extending its losing run for the fifth consecutive trading session.

Balaji Amines hits 52-week low; slips 12% in five days

KR Choksey is bullish on Balaji Amines has recommended buy rating on the stock with a target price of Rs 3790 in its research report dated February 13, 2023.

Buy Balaji Amines; target of Rs 3790: KR Choksey

Balaji Amines share price: The stock traded lower than 5-day, 20-, 50-, 100- and 200-day moving averages. The counter’s 14-day relative strength index (RSI) came at 23.95. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company’s stock has a price-to-equi…

Balaji Amines shares slip 6% after Q3 results; here’s what tech charts hint

The company said the fall in operating margin was primarily on account of de-growth in pharma and API sector

Balaji Amines slips 6%, hits 52-week low on disappointing Q3 results

Price return has been average, nothing exciting

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

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Balaji Amines Limited is a company, which is engaged in the manufacturing of Aliphatic Amines, their derivatives and specialty chemicals. The Company is running a five star hotel, Balaji Sarovar Premiere.