Vinati Organics Ltd.

NSE: VINATIORGA | BSE: 524200 | ISIN: INE410B01037 |Industry: Commodity Chemicals
|Expensive Star
1224.35 -22.60 (-1.81%)
NSE Oct 22, 2020 15:31 PM
Volume: 61,312

Vinati Organics Ltd.    
05 Aug 2020
Geojit BNP Paribas
We upgrade our rating to Accumulate given capacity expansion, launch of new products and superior margin profile. Q1FY21 revenue declined by 20% YoY led lower contribution from ATBS business due to slowdown in oil & Gas sector. Despite sharp fall in revenues, profitability was cushioned by higher contribution from superior margin IBB business. Going ahead, revenue growth is expected pick-up in H2FY21E led by...
Vinati Organics Ltd. is trading above it's 200 day SMA of 1011.3
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