Sudarshan Chemical Industries Ltd. News and Updates

Name: Latest research reports of Sudarshan Chemical Industries Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Sudarshan Chemical Industries Ltd.
Rating: 5
Author: ICICI Securities Limited

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Sudarshan Chemical Industries Ltd.

03 Jun 2021

1036.90

-0.59%

Buy Sudarshan Chemicals; target of Rs 850: Anand Rathi

Moneycontrol

Anand Rathi is bullish on Sudarshan Chemicals has recommended buy rating on the stock with a target price of Rs 850 in its research report dated Jun 01, 2021.

Promoters have decreased holdings from 16.40% to 8.19% in Sep 2025 qtr

Sudarshan Chemical Industries Ltd.

02 Jun 2021

1036.90

-0.59%

Buy Sudarshan Chemical; target of Rs 775: ICICI Direct

Moneycontrol

ICICI Direct is bullish on Sudarshan Chemical recommended buy rating on the stock with a target price of Rs 775 in its research report dated Jun 01, 2021.

Promoters have decreased holdings from 16.40% to 8.19% in Sep 2025 qtr

Broker's call: Sudarshan Chemicals (Buy)

Business Line | 02 Jun 2021 1 more

Sudarshan Chemical Industries Ltd.

01 Jun 2021

1036.90

-0.59%

Sudarshan Chem Standalone March 2021 Net Sales at Rs 519.54 crore, up 42.23% Y-o-Y

Moneycontrol

NULL

Sudarshan Chemical Industries Ltd. has lost -16.43% in the last 1 Month

Sudarshan Chemical Industries Ltd.

01 Jun 2021

1036.90

-0.59%

Sudarshan Chemical

Buy: Sudarshan Chemical Industr...

Target

ICICI Securities Limited

Strong volume growth drove H2 but sharp intermediate price increases impacted margins. However, the company expects to pass on most of the raw material inflation to end users. Despite pandemic, Sudarshan has almost competed | 600 crore of capex (revenue potential of | 1000-1200 crore), which gives strong visibility and management commitment towards future growth. The company's strong track record, with favourable macro factors and strong domestic demand are key catalysts for future course. Margins are also likely to improve due to backward integration and increase speciality...

Sudarshan Chemical Industries Ltd. has lost -28.55% in the last 3 Months

Sudarshan Chemical Industries Ltd.

12 Apr 2021

1036.90

-0.59%

Sudarshan Chemicals Q4 PAT seen up 9.6% YoY to Rs. 37 cr: Sharekhan

Moneycontrol

Net Sales are expected to increase by 9.9 percent Y-o-Y (down 2.5 percent Q-o-Q) to Rs. 494 crore, according to Sharekhan.

Sudarshan Chemical Industries Ltd. has lost -28.55% in the last 3 Months

Sudarshan Chemical Industries Ltd.

08 Feb 2021

1036.90

-0.59%

Buy Sudarshan Chemical Industries; target of Rs 615: Sharekhan

Moneycontrol

Sharekhan is bullish on Sudarshan Chemical Industries has recommended buy rating on the stock with a target price of Rs 615 in its research report dated January 29, 2021.

Sudarshan Chemical Industries Ltd. is trading below all available SMAs

Sudarshan Chemical Industries Ltd.

31 Jan 2021

1036.90

-0.59%

Sudarshan Chemical

Buy: Sudarshan Chemical Industr...

Target

ICICI Securities Limited

The company's operations and demand from end users are reverting back to normal as the economy opens up. The company's H2 is also likely to benefit amid some pent-up demand. Owing to strong demand, the company is trying to expedite its growth capex plans of | 585 crore (which have been bit delayed amid Covid), which gives strong visibility and management commitment towards future growth. Sudarshan's strong track record, with favourable macro factors and strong domestic demand are key catalysts for it. Margins are also likely to improve due to backward integration and change...

Sudarshan Chemical Industries Ltd. is trading below all available SMAs

Sudarshan Chemical Industries Ltd.

29 Jan 2021

1036.90

-0.59%

Sudarshan Chem Consolidated December 2020 Net Sales at Rs 506.38 crore, up 19.56% Y-o-Y

Moneycontrol

NULL

Sudarshan Chemical I.. has an average target of 1540.00 from 1 broker.

Sudarshan Chemical Industries Ltd.

28 Dec 2020

1036.90

-0.59%

Light House - A Quick Perspective - Sudarshan Chemical Industries Ltd.- 28 December 2020

Accumulate: Sudarshan Chemical Industr...

Way2Wealth

Incorporated in 1952, Sudarshan chemicals established itself as largest pigment producer in India (~35% market share) and the fourth-largest producer in the world. At the beginning it manufactured only inorganic pigments however gradually, expanded its product basket to organic, inorganic and effect pigments, which cover classical azo pigments, specialized azo pigments, high-performance pigments, pearlescent pigments, pthalos and pigment dispersions. Company's products offered under the brands - Sudaperm, Sudafast, Sudacolor, Sumica and Sumicos are sold to...

Anand Rathi decreased Buy price target of Sudarshan Chemical Industries Ltd. to 1540.0 on 17 Nov, 2025.

Sudarshan Chemical Industries Ltd.

11 Dec 2020

1036.90

-0.59%

Sudarshan Chemical Industries Ltd

Buy: Sudarshan Chemical Industr...

Rudra Shares and Stock Brokers Ltd

Operating revenue in coming years is expected to show a marginal growth despite impact of pandemic, owing to healthy demand recovery seen from August onwards aided by higher exports as well as buoyant domestic demand. Q2 FY21 domestic business is up 70% as compared to Q1 FY21 which is reflective of the broader economy in India now coming back to normal. Further, company seeing good traction across the portfolio with coating, plastics and inks particularly doing well. Besides, global market position is expected to improve further...