Panama Petrochem consolidated net profit rises 9.33% in the June 2024 quarter

The seasoned investor has bought some additional shares of Dhunseri Tea & Industries, while his holding in Panama Petrochem, Ador Fontech and DCM Nouvelle remained unchanged

Anil Kumar Goel upped stake in Dhunseri Tea in Q3, stayed put on three others

Colgate-Palmolive (India) Ltd, Panama Petrochem Ltd, Page Industries Ltd and Share India Securities Ltd are among the other losers in the BSE’s ‘A’ group today, 14 December 2022.

Yes Bank Ltd leads losers in ‘A’ group

Panama Petrochem rose 1.34% to Rs 420.90, extending gains for the third straight session.

Panama Petro hits record high; jumps about 18% in three days

With a market valuation of ₹2,134.82 Cr., Panama Petrochem Ltd. is a small-cap business in the energy industry.

Multibagger stock rallies over 400% in 3 years, Board declares 150% dividend

Anil Kumar Goel held 7,60,000 shares or 1.52 per cent, stake in this company as of September 30. Ramesh Damani, on the other, hand, held 6,36,379 shares or 1.27 per cent stake in the company as of September-end

Ramesh Damani, Anil Goel portfolio stock: Panama Petrochem just announced dividend, Q2 results

Panama Petrochem consolidated net profit rises 8.90% in the September 2022 quarter

Ramesh Damani has increased his stake in his portfolio stock Panama Petrochem

Ramesh Damani buys more shares of this portfolio stock in Q2

Panama Petrochem consolidated net profit rises 1.88% in the December 2021 quarter

Panama Petrochem fell 4.04% to Rs 305 on profit selling after recent steep gains.

Panama Petrochem corrects on profit selling

In the past two trading days, the stock of the refineries/petro products company has surged 25 per cent, after investor Ramesh Damani bought over 1 per cent stake in the company.

Panama Petrochem surges 25% in two days as Ramesh Damani buys 1% stake

Price return has been average, nothing exciting

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 underpriced and is not in the overbought zone

Current price is less 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

Panama Petrochem Limited manufactures and exports petroleum specialty products. The Company's products include mineral oils, liquid paraffin, transformer oils, petroleum jellies and ink oils.