Fairchem Organics Limited was established in 2019, wherein Fairchem Speciality Limited (FSL) transferred the businesses of Oleo chemicals and nutraceuticals as per the scheme of demerger. engaged in manufacturing of specialty chemicals like dimer acid, linoleic acid, mixed tocopherol concentrate and sterols concentrate, which find application in various industries like nutraceuticals, paints, printing ink, detergents, adhesives, etc.
Financial:strong
Market Cap= ₹ 1,825 Cr. Stock P/E = 45.0
ROCE = 21.5 % ROE = 17.7 % Debt to equity = 0.13
Promoter holding = 58.9 % Quick ratio = 1.30 Current ratio =2.71
Profit Var 3Yrs = 7.59 % Sales growth 3Years = 28.4 % Return on assets = 13.1 %
This stock is now in high momentum RSI : 57 since long time consolidation finally stock seen upward move and pharma sector is also in favor. we can see high volume with price. Company has a good return on equity track record Company has been maintaining a healthy dividend payout of 19.4%
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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