Meghmani Finechem aims to stabilize EBITDA margins around 25-30 percent in FY24 and beyond.

Meghmani Finechem shines on commissioning of wind-solar power plant

Meghmani Finechem share price: On technical setup, the stock was last seen trading higher than the 5-day, 20-, 50- and 100-day moving averages but lower than the 200-day moving averages. The counter’s 14-day relative strength index (RSI) came at 72.45. A level below 30 is defined as oversold while a…

Meghmani Finechem shares snap 2-day fall, surge 15% today amid heavy volumes

Meghmani Finechem stock climbed 15.3 per cent to Rs 1105 against the previous close of Rs 958.35 on BSE. Market cap of the firm rose to Rs 4,527 crore.

Meghmani Finechem shares rise 15% after firm fixes record date for final dividend

Meghmani Finechem reported a 13 per cent YoY jump in sales at Rs 562 crore for the quarter against Rs 499 crore YoY. Revenue contribution from derivatives & specialty chemical segment increased 38 per cent YoY.

Meghmani Finechem shares plunge 5%, hit sub-Rs 1,000 level in knee-jerk reaction to Q4 results

“We believe that we will end FY23 with a topline of around Rs 2,200 crore and EBITDA margin would be about 28%,” said Maulik Patel, chairman and managing director, in an interview with ETMarkets.

ETMarkets Management Talk: Meghmani Finechem likely to end FY23 with topline of Rs 2,200 cr, says CMD Maulik Patel

Hindustan Zinc Ltd, Kiri Industries Ltd, Meghmani Finechem Ltd and L&T Technology Services Ltd are among the other losers in the BSE’s ‘A’ group today, 20 January 2023.

National Standard (India) Ltd leads losers in ‘A’ group

Among the 43 securities that were added include Arvind Fashions, Borosil, Himadri Specialty Chemicals and more

Meghmani Finechem debuts in MSCI India Domestic Small Cap Index

Meghmani Finechem consolidated net profit rises 94.79% in the September 2022 quarter

Meghmani Finechem Ltd, PB Fintech Ltd, Tube Investments of India Ltd and Johnson Controls-Hitachi Air Condition. India Ltd are among the other losers in the BSE’s ‘A’ group today, 20 October 2022.

Schaeffler India Ltd leads losers in ‘A’ group

Tata Elxsi Ltd, Garden Reach Shipbuilders & Engineers Ltd, Meghmani Finechem Ltd and CreditAccess Grameen Ltd are among the other losers in the BSE’s ‘A’ group today, 17 October 2022.

Jaiprakash Associates Ltd leads losers in ‘A’ group

The plant has been commissioned on time and within the estimated CAPEX.

Meghmani Finechem commissions additional capacity of 1,06,000 TPA of caustic soda; Stock jumps 1%

Hasn't fared 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

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Epigral Limited (formerly Meghmani Finechem Limited) is a manufacturer of essential chemicals, primarily focused on the production of chlor alkali and its derivatives, used across various industries.

Epigral Ltd