Why Market Expert Rajesh Palviya Recommends Investing in NOCIL

Camlin Fine Sciences Ltd, NOCIL Ltd, Hatsun Agro Product Ltd and Tata Teleservices (Maharashtra) Ltd are among the other gainers in the BSE’s ‘A’ group today, 16 July 2024.

Chennai Petroleum Corporation Ltd leads gainers in ‘A’ group

Increasing Chinese imports impacting prices and volumes, remains a key concern

Nocil Q3 Results Review - Challenges Persist: Prabhudas Lilladher

HDFC Securities is bullish on NOCIL has recommended buy rating on the stock with a target price of Rs 267 in its research report dated August 01, 2023.

Buy NOCIL; target of Rs 267: HDFC Securities

Prabhudas Lilladher recommended hold rating on NOCIL with a target price of Rs 230 in its research report dated August 02, 2023.

Hold NOCIL; target of Rs 230: Prabhudas Lilladher

Sharekhan is bullish on NOCIL has recommended buy rating on the stock with a target price of Rs 260 in its research report dated August 01, 2023.

Buy NOCIL; target of Rs 260: Sharekhan

Motilal Oswal is bullish on NOCIL recommended buy rating on the stock with a target price of Rs 265 in its research report dated August 01, 2023.

Buy NOCIL; target of Rs 265: Motilal Oswal

We maintain our Buy rating on the stock with a TP of ₹267.We recommend Buy on NOCIL with TP of ₹267, on account of ramp-up in capacity utilisation and expansion of margin with focus on specialised rubber chemicals. Q1 EBITDA/PAT were 10/5% below estimates due to 8% fall in revenue, higher other exp…

Broker’s call: Nocil (Buy)

Results Review for GAIL, Oberoi Realty, Petronet LNG, IRB Infra, HG Infra, NOCIL

NOCIL had reported a net profit of Rs 66.5 crore and revenue of Rs 509 crore in the base quarter.

NOCIL net profit slumps 48.5% to Rs 34.3 crore in Q1

Motilal Oswal is bullish on NOCIL recommended buy rating on the stock with a target price of Rs 255 in its research report dated May 30, 2023.

Buy NOCIL; target of Rs 255: Motilal Oswal

Hasn't fared 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 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

NOCIL Limited offers basic organic chemicals. The Company is engaged in the business of manufacturing and trading of rubber chemicals.

Nocil Ltd