Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Dividend Returns

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

Entry Point

Red Flags Found

Meghmani Finechem (MFL) said that CRISIL Ratings has upgraded its rating on the company’s long term bank facilities to ‘CRISIL AA-/Stable’ from ‘CRISIL A+/Positive’.

CRISIL upgrades ratings of Meghmani Finechem

The rating has been upgraded to CRISIL AA-/Stable from ’CRISIL A+/Positive to bank facilities of Rs720cr of the company.

Meghmani Finechem hits upper circuit after CRISIL upgrades its ratings

Leading MoUs were those from chemical, electrical equipment and PSU majors like Kiri Industries, Meghmani Organics and Meghmani Finechem, Borosil Renewables, and Indian Oil

State attracts MoUs worth over Rs 24,000 crore ahead of Vibrant Gujarat

Expanding into Chlorotoluene and its value chain; high ROCE product.

Meghmani Finechem announces expansion plans into Chlorotoluene and its value chain

As per the growth outlook, we are convinced that the demand will continue to be robust, and we are strategically positioned to fully capture this demand. We are sure of achieving our long-term revenue guidance of Rs 2,000 Crores by FY24.

Meghmani Finechem PAT increased 83% yoy to Rs47cr in Q2

Meghmani Finechem standalone net profit rises 83.42% in the September 2021 quarter

Meghmani Finechem was demerged from Meghmani Organics during FY21 to empower the company grow its Chlor-Alkali business

This recently listed specialty chemicals has zoomed 144% in 28 trading days

Multibagger stock: After relisting at ₹386 per share levels, Meghmani Finechem share price has surged up to ₹856 per stock levels today

Multibagger stock: This chemical share gives 120% return in 45 days of listing

GTPL Hathway Ltd, Alkali Metals Ltd, Vinyl Chemicals (I) Ltd and Meghmani Finechem Ltd are among the other gainers in the BSE’s ‘B’ group today, 01 October 2021.

Dynemic Products Ltd leads gainers in ‘B’ group

Meghmani Finechem, HAL, Linde India, Adinath Textile, etc. are among the top gaining shares this week

Meghmani Finechem, HAL, Linde India among stocks that surged 20% this week

Meghmani Finechem ends at ₹405.65; MOL at ₹94.50

Demerged Meghmani twins hit 5% upper ceiling

Meghmani Finechem Ltd is an India-based manufacturer of pigments and agrochemicals. The Company offers pigments and pesticides fir the chemicals and allied industries.

Meghmani Finechem Ltd

Meghmani Finechem 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

Returns 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 return on equity 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

CRISIL upgrades ratings of Meghmani Finechem

Meghmani Finechem hits upper circuit after CRISIL upgrades its ratings

State attracts MoUs worth over Rs 24,000 crore ahead of Vibrant Gujarat

Meghmani Finechem announces expansion plans into Chlorotoluene and its value chain

Meghmani Finechem PAT increased 83% yoy to Rs47cr in Q2

Meghmani Finechem standalone net profit rises 83.42% in the September 2021 quarter

This recently listed specialty chemicals has zoomed 144% in 28 trading days

Multibagger stock: This chemical share gives 120% return in 45 days of listing

Dynemic Products Ltd leads gainers in ‘B’ group

Meghmani Finechem 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

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity 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

CRISIL upgrades ratings of Meghmani Finechem

Meghmani Finechem hits upper circuit after CRISIL upgrades its ratings

State attracts MoUs worth over Rs 24,000 crore ahead of Vibrant Gujarat

Meghmani Finechem announces expansion plans into Chlorotoluene and its value chain

Meghmani Finechem PAT increased 83% yoy to Rs47cr in Q2

Meghmani Finechem standalone net profit rises 83.42% in the September 2021 quarter

This recently listed specialty chemicals has zoomed 144% in 28 trading days

Multibagger stock: This chemical share gives 120% return in 45 days of listing

Dynemic Products Ltd leads gainers in ‘B’ 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

Returns 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 return on equity 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