Buzzing stocks: Reliance Ind, Eureka Forbes, ICICI Pru Life, Escorts Ku Hudco, Bharat Forge, Suven Life, Arihant Capital, Oriental Aromatics, Sukhjit Starch, Finotex Chem

Stocks that will see action on June 21, 2022

The rally in Oriental Aromatics is backed by huge volumes on the BSE. It was trading with volumes of 9,353 equity shares, compared to its five-day average of 622 shares, an increase of 1,404.67 percent,

Oriental Aromatics shares spike 16% after arm gets environmental clearance for greenfield project

Oriental Aromatics jumped 8.08% to Rs 568.65 after the company said that its proposed Greenfield project in Mahad (Maharashtra) received environmental clearance.

Oriental Aromatics soars on getting environmental clearance for project

Oriental Aromatics consolidated net profit declines 78.11% in the December 2021 quarter

Oriental Aromatics standalone net profit declines 77.06% in the December 2021 quarter

On fund-based/Non-fund based Limits of the company ICRA A (Stable) / ICRA A2+ rating has been assigned.

ICRA assigns rating on Oriental Aromatics credit facilities

Long term ratings upgraded to [ICRA] A (Stable) from [ICRA] A-(Stable).

ICRA assigns credit ratings on Oriental Aromatics’ bank facilities; Stock rises 2.5%

Valiant Organics, Balaji Amines, Camlin Fine Sciences, DCW, Chemcon Speciality Chemicals, Sigachi Industries, Laxmi Organic Industries, Alkyl Amines Chemicals, Chemplast Sanmar, Thirumalai Chemicals, Oriental Aromatics and IG Petrochemicals are among those stocks that are down 30-50 per cent.

25 chemical stocks have fallen from multibagger zone to bear territory. Time to buy or sell?

Soma Textiles & Industries Ltd, Oriental Trimex Ltd, Oriental Aromatics Ltd and Orbit Exports Ltd are among the other losers in the BSE’s ‘B’ group today, 27 October 2021.

Narayani Steels Ltd leads losers in ‘B’ group

Oriental Aromatics consolidated net profit declines 63.43% in the September 2021 quarter

Oriental Aromatics consolidated net profit rises 128.60% in the June 2021 quarter

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

Oriental Aromatics is engaged in the business of manufacture of fine chemicals