Punjab Alkalies & Chemicals jumped 3.82% to Rs 82.80 after Quant Mutual Fund acquired 1.88% stake in the company via bulk deal on the BSE Tuesday, 25 October 2022.

Punjab Alkalies spurts after Quant MF buys stake

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: Prataap Snacks, Aarti Industries, Punjab Alkalies & Chemicals, Rushil Décor, Tantia Constructions

Punjab Alkalies & Chemicals rose 3.91% to Rs 227.50 after the company said its board approved 5-for-1 stock split.

Punjab Alkalies jumps after board approves stock split

Board of Punjab Alkalies & Chemicals approves sub-division of shares

Punjab Alkalies & Chemicals added 3.60% to Rs 222.85 after the company said that its board will meet on Thursday, 2 December 2021, to consider and approve the sub-division of face value of equity shares of the company.

Punjab Alkalies gains on stock-split proposal

Punjab Alkalies & Chemicals reports standalone net loss of Rs 37.28 crore in the September 2021 quarter

Punjab Alkalies & Chemicals reports standalone net profit of Rs 8.90 crore in the June 2021 quarter

Punjab Alkalies & Chemicals was locked in an upper circuit of 10% at Rs 124.55 after Plutus Wealth Management acquired 2.5 lakh equity shares of the company via bulk deal on Tuesday, 27 July 2021.

Punjab Alkalies hits the roof after Plutus Wealth purchases stake

Punjab Alkalies & Chemicals reports standalone net profit of Rs 4.57 crore in the March 2021 quarter

Board of Punjab Alkalies & Chemicals approves setting up of captive power plant

Board of Punjab Alkalies & Chemicals approves preferential allotment of shares

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 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

Punjab Alkalies & Chemicals Limited is involved in chemicals business. The Company's products include Caustic Soda Lye, Liquid Chlorine, Hydrochloric Acid, Sodium Hypochlorite and Hydrogen Gas. 