Earnings

Tanfac Industries standalone net profit declines 38.61% in the June 2024 quarter

Tanfac Industries zoomed 10.30% to Rs 2340 after the company announced the signing of a framework agreement worth revenue of $81 million (Rs 675 crore) over next 5 years with one of the leading Japanese Specialty Chemical company.

Tanfac Inds soars after signing 5-year supply deal worth $81 million with Japanese company

On Thursday, shares of Tanfac Industries, an Indian speciality fluoride chemical manufacturer soared by 13.1 per cent at Rs 2,399 a piece intraday on the BSE

Tanfac Industries shares rally 13% on pact with Japanese chemical firm

Tanfac Industries standalone net profit rises 8.55% in the December 2022 quarter

Board of Tanfac Industries approves change in directorate

Tanfac Industries standalone net profit declines 57.72% in the June 2022 quarter

Bank of Maharashtra, HeidelbergCement, NELCO, Bhansali Engineering Polymers, Ganesh Housing Corp, Onward Technologies, Tanfac Industries, and Alok Industries will be in focus as they declare their June quarter earnings today

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Tanfac Industries reports standalone net profit of Rs 7.06 crore in the March 2022 quarter

Acquires joint management control and becomes promoter of TIL along with Tamil Nadu Industrial Development Corporation

Anupam Rasayan completes stake buy in Tanfac Industries

Tanfac Industries standalone net profit rises 46.76% in the December 2021 quarter

Price return has been average, nothing exciting

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 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

TANFAC Industries Limited is a fluro-chemicals company that makes aluminium fluoride, AHF acid & sulphuric acid, and speciality chemicals. 