Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

A formal announcement is expected in the next couple of days. An email sent to Fineotex Chemical on Tuesday has not yet elicited any response. The new order size would be equivalent to quarterly revenue of the company thereby adding significantly to the revenue visibility. It had revenue of Rs 368 c…

Fineotex Chemical likely to bag Rs 150 crore worth order from FMCG sector

Fineotex Chemical reported 91.9% jump in consolidated net profit to Rs 20.57 crore on a 71.1% rise in net sales to Rs 134.31 crore in Q2 FY23 over Q2 FY22.

Fineotex Chemical Q2 PAT surges 92% YoY to Rs 20 cr

Fineotex Chemical consolidated net profit rises 91.88% in the September 2022 quarter

Fineotex Chemical Ltd, Chambal Fertilisers & Chemicals Ltd, Bharti Airtel Ltd Partly Paidup and Devyani International Ltd are among the other losers in the BSE’s ‘A’ group today, 02 November 2022.

LIC Housing Finance Ltd leads losers in ‘A’ group

Fineotex Chemical surged 7.77% to Rs 358.50 on bargain hunting after a recent steep sell off.

Fineotex Chemical gallops on bargain hunting

Jubilant Pharmova Ltd, Quess Corp Ltd, Fineotex Chemical Ltd and BF Utilities Ltd are among the other gainers in the BSE’s ‘A’ group today, 20 September 2022.

Advanced Enzyme Technologies Ltd leads gainers in ‘A’ group

Shares of Fineotex Chemical Ltd rallied more than 8% on the BSE to ₹360 apiece on the BSE

Multibagger Ashish Kacholia portfolio chemical stock surges 8%, near record high

Confidence Petroleum India Ltd, Tata Investment Corporation Ltd, Fineotex Chemical Ltd and Bodal Chemicals Ltd are among the other gainers in the BSE’s ‘A’ group today, 12 September 2022.

Manali Petrochemicals Ltd leads gainers in ‘A’ group

Ashish Kacholia portfolio: Two multibagger stocks in which the ‘Whiz Kid’ of stock market raised stake in Q1FY23 are Fineotex Chemical and Yasho Industries

Ashish Kacholia raises stake in these multibagger chemical stocks

The proposal is subject to shareholders’ approval and regulatory approvals.

Fineotex Chemical board to mull fund raising on 24th June

Fineotex Chemical Limited is a manufacturer of chemicals for textiles, construction, water-treatment, fertilizer, leather and paint industry. 

Fineotex Chemical Ltd

Fineotex Chemical Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Fineotex Chemical likely to bag Rs 150 crore worth order from FMCG sector

Fineotex Chemical likely to bag Rs 150 crore worth order from FMCG sector

Fineotex Chemical Q2 PAT surges 92% YoY to Rs 20 cr

Fineotex Chemical consolidated net profit rises 91.88% in the September 2022 quarter

LIC Housing Finance Ltd leads losers in ‘A’ group

Fineotex Chemical gallops on bargain hunting

Advanced Enzyme Technologies Ltd leads gainers in ‘A’ group

Fineotex Chemical Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Fineotex Chemical likely to bag Rs 150 crore worth order from FMCG sector

Fineotex Chemical likely to bag Rs 150 crore worth order from FMCG sector

Fineotex Chemical Q2 PAT surges 92% YoY to Rs 20 cr

Fineotex Chemical consolidated net profit rises 91.88% in the September 2022 quarter

LIC Housing Finance Ltd leads losers in ‘A’ group

Fineotex Chemical gallops on bargain hunting

Advanced Enzyme Technologies Ltd leads gainers in ‘A’ group

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock