Mangalam Organics consolidated net profit declines 96.76% in the December 2022 quarter

Buzzing stocks: Automobiles, Tata Steel Long, Tata Power, SBI, Tech Mahindra, Infibeam, Mangalam Organics, Adani Ports, Cholamandalam, P&G Hygiene, TTK Prestige, Indian Hotels

Stocks that will see action today (February 1)

The current market cap of the company is Rs807.76cr.

Mangalam Organics-led subsidiary commences production of Isobornyl Flakes; Stock gains

The demand for super luxurious homes across India is on the rise, and in one such transaction in Mumbai, Alka Dujodwala, the wife of Mangalam Organics chairman Kamalkumar Dujodwala, recently bought a duplex apartment at Pedder Road for Rs 53 crore.

Mumbai: Wife of Mangalam Organics chairman buys Pedder Road duplex for Rs 53 cr

Mangalam Organics Ltd, Rossell India Ltd, Chamanlal Setia Exports Ltd and Vikas Wsp Ltd are among the other losers in the BSE’s ‘B’ group today, 10 November 2021.

Barbeque-Nation Hospitality Ltd leads losers in ‘B’ group

Commercial Syn Bags Ltd, R S Software (India) Ltd, Mirza International Ltd and Jai Balaji Industries Ltd are among the other gainers in the BSE’s ‘B’ group today, 08 November 2021.

Mangalam Organics Ltd leads gainers in ‘B’ group

Mangalam Organics jumped 11.68% to Rs 888 after the company reported 55.7% rise in consolidated net profit to Rs 22.31 crore on a 66.6% increase in net sales to Rs 143.05 crore in Q2 FY22 over Q2 FY21.

Mangalam Organics soars after Q2 PAT jumps 55% YoY

Mangalam Organics consolidated net profit rises 55.69% in the September 2021 quarter

The project 33 South is a marquee property housing super luxury homes with duplex apartments.

Mangalam Organics Family Buys Luxury Duplex Unit For Rs 53 Crore In Mumbai

Mangalam Organics consolidated net profit rises 91.44% in the June 2021 quarter

JSW Ispat Special Products, Jubilant Ingrevia, Kohinoor Foods, Mangalam Organics, Moschip Technologies, Newgen Software are set to release their quarterly earnings today.

Important results today: Bajaj Finance, Asian Paints, Reliance Industrial Infra, ICICI Prudential among others

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less 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

Mangalam Organics Limited is a chemical manufacturing company. The Company is engaged in the manufacturing and selling activities of Camphor, Sodium Acetate and by-products, Terpene Chemicals, Synthetic Resins and Phenol formaldehyde (PF) resins. 

Mangalam Organics Ltd