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.

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:- 
This is a personal blog and presents entirely personal views on stock market. Any statement made in this blog is merely an expression of my personal opinion. These informations are sourced from publicly available data. By using/reading this blog you agree to (i) not to take any investment decision or any other important decisions based on any information, opinion, suggestion, expressions or experience mentioned or presented in this blog (ii) Any investment decisions taken if any would be his/hers sole responsibility. (iii) the author of this blog is not responsible. 

Comments

  1. 20% to 30% upside within Short period of time with 95 as Stop Loss. Already given in Blog and chart.

    ReplyDelete
  2. New 52 week High

    /AMAL
    113.85 +5.40 (+4.98%)

    Day H/L : 113.85/113.85
    52wk H/L: 113.85/32.75
    Volume : 644.00

    ReplyDelete

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