News for Sadhana Nitro Chem Limited (SADHNANIQ.BO)

Emkay Global Financial Services said Q2FY25 earnings season was disappointing, with single-digit PAT growth for the Nifty and BSE500

The return came when the benchmark BSE Sensex gained more than 3 times to 79,986 on July 3, 2024 against 25,823 on the same day in 2014.

Profitmart is bullish on Sadhana Nitro Chem has recommended buy rating on the stock with a target price of Rs 204 in its research report dated December 30, 2023.

Smallcap stock: The funds of the rights issue are proposed to be predominantly used for acquisition of a 126-acre land plot, which will be employed for the establishment of both a solar power facility and a wind energy installation.

As many as 85 stocks from the chemical space are still down over 25 per cent from their respective 52-week high price

B&K Securities is bullish on select stocks from the chemical space, which has already produced over 50 wealth creators in the past five years. The brokerage has a 'Buy' call on players such as SRF, BASF India, Gujarat Fluorochemicals, Aarti Industries and Atul Ltd. Historical data showed that Jyoti Resins & Adhesives emerged as the top gainer in the sector with a gain of over 5,800 per cent since October 2017. Shares of the company climbed to Rs 1,417.70 on October 3, 2022 from Rs 23.75 on October 3, 2017.

While high promoter holding is a good thing, there can be rare cases where penny stock promoters use misleading information about the actual valuation.

Following the heavy selling in the equity markets, the market value of BSE-listed firms retreated to Rs 245 lakh crore on June 28, 2022 from Rs 266 lakh crore on December 31 last year.

As many as 491 stocks on the BSE soared more than 500 per cent during the period.

Bulls stayed in the driver seat on Dalal Street in FY22 despite volatility. Here are some stocks to watch out for.