Sunday, January 9, 2022

FUN-TECH Analysis of Andhra Petrochemicals- CMP - 120 Rs

  

FUN-TECH Analysis of Andhra Petrochemicals- CMP - 120 Rs 

 

Company Basic Information - The Andhra Petrochemicals Limited is engaged in the manufacturing of oxo-alcohols like 2 Ethyl Hexanol and Butanols. Its products have applications in plasticizers, stabilizers, solvents, acrylates and finishing compounds for ink etc.

Sector – Materials

Industry – Chemical          

Market Cap – 1026 Crore

 






Technical Views 

·                     1.      Made a high of 197.90 7 Retested . 

·                     2.      Retraced around 50-60% from the top and made low of 110.

·                     3.      FIIs have increased their stake in first quarter and booked some profit too



Fundamental Views

·                     1.       Q-Q sales are increasing.

·                     2.       Quarterly PAT has surpassed the Last Year PAT

·                     3.       Improved return on Equity

 

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