TGV SRAAC Ltd.

NSE: SREERAYALK | BSE: 507753 | ISIN: INE284B01028 | Industry: Commodity Chemicals
| Mid-range Performer
94.2100 -0.29 (-0.31%)
BSE Apr 08, 2025 15:31 PM
Volume: 234.3K
 

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TGV SRAAC Ltd.
21 Mar 2018
94.21
-0.31%
Chemicals company Sree Rayalaseema Alkalies has seen a triple digit rise in net profits % YoY

Sree Rayalaseema Alkalies is a smaller chemicals company player with no broker coverage, that has nonetheless delivered interesting numbers in the past several quarters. Investors have started to notice - the company's share price jumped to multibagger level returns of 129% over the past one year, and it has corrected relatively little as markets turned bearish the past month. 

The company is a manufacturer and seller in the industrial and commodity chemicals space, a sector that has boomed partly due to demand for Indian producers rising following a crackdown in China on polluting industries. The balance sheet of the firm looks at a glance, clean - operating margins have been up in FY18, net profit and revenues have seen strong growth over the past year.  EBITDA has seen a YoY growth of 50%+ in the past two quarters. 

The company's durability and valuation scores are strong, while momentum is currently mid-range. 

TGV SRAAC Ltd. is trading below all available SMAs
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