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%

Meghmani Finechem Ltd, Morepen Laboratories Ltd, Thermax Ltd and Vakrangee Ltd are among the other losers in the BSE’s ‘A’ group today, 26 September 2022.

Dish TV India Ltd leads losers in ‘A’ group

Company Meghmani Finechem posts highest-ever quarterly revenues from operations at ₹533 crore

Meghmani Finechem Q1 net up 192% at ₹108 cr

Hasn't faired 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 underpriced but is in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

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