Amal Limited
Dear Blog Readers,
Amal Limited at current Level is Looking Good.
Cmp :- 108.45
Market Cap :- 76.24 Cr.
Company Profile :-
Amal Ltd is engaged in manufacturing and marketing bulk chemicals such as Sulphuric Acid and Oleum and their downstream products such as Sulphur Dioxide and Sulphur Trioxide. The plant is located in Ankleshwar, Gujarat, India.
Company's major Client is Atul Ltd.
There were market news that Amall Ltd is merged with Atul Ltd.
But recently in the Board meeting held on 24 March decided Not to proceed with the merger scheme. This will be beneficial to Amal Ltd. in Good manner.
Comparing to peers Amal Ltd ha slowest PE of 7.74 with Yearly Net profit of 3.16 if FY16.. Quarterly result is also increasing.
Amal Limited at current Level is Looking Good.
Cmp :- 108.45
Market Cap :- 76.24 Cr.
Company Profile :-
Amal Ltd is engaged in manufacturing and marketing bulk chemicals such as Sulphuric Acid and Oleum and their downstream products such as Sulphur Dioxide and Sulphur Trioxide. The plant is located in Ankleshwar, Gujarat, India.
Company's major Client is Atul Ltd.
There were market news that Amall Ltd is merged with Atul Ltd.
But recently in the Board meeting held on 24 March decided Not to proceed with the merger scheme. This will be beneficial to Amal Ltd. in Good manner.
Comparing to peers Amal Ltd ha slowest PE of 7.74 with Yearly Net profit of 3.16 if FY16.. Quarterly result is also increasing.
Products :-
Amal Ltd manufactures Sulphuric Acid, Oleum 25%, Sulphur Trioxide and Sulphur Dioxide in its plant at Ankleshwar, Gujarat, India.
These chemicals are predominantly used by Chemical and Dyestuff industries.
- Oleum
- Sulphuric Acid
- Sulphur Dioxide
- Sulphur Trioxide
Stock is trading at Currently 52 week high. From here more 20-30% upside can be see.
Happy Investing
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Disclaimer:-
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Target & time frame
ReplyDelete20% to 30% upside within Short period of time with 95 as Stop Loss. Already given in Blog and chart.
ReplyDeleteNew 52 week High
ReplyDelete/AMAL
113.85 +5.40 (+4.98%)
Day H/L : 113.85/113.85
52wk H/L: 113.85/32.75
Volume : 644.00
wat is ur latest stock ??
ReplyDelete