Atul Ltd.

NSE: ATUL | BSE: 500027 | ISIN: INE100A01010 | Industry: Specialty Chemicals
| Mid-range Performer

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Atul Ltd.
23 Apr 2025
7253.50
3.57%
Emkay
We initiate coverage on Atul with BUY and TP of Rs8,500 (30x Mar-27E EPS). Atul has invested ~Rs20bn over FY22-24 toward capacity expansion in existing products like Liquid Epoxy Resin (50ktpa) and Caustic Soda (300tpd), and in the backward integration of some key products (MCA for 2,4 D).
Atul Ltd. is trading above all available SMAs
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