Hot Pursuit     16-Mar-23
Chemplast Sanmar jumps on bargain hunting
Chemplast Sanmar rose 4.17% to Rs 377 on bargain hunting after recent steep slide.
Shares of Chemplast Sanmar slumped 9.68% in the past five sessions.

The stock hit a 52-week high of Rs 684.55 on 31 March 2022. The stock hit a 52-week low of Rs 357.70 on 4 November 2022.

The stock outperformed the market over the past one month, falling 9.59% compared with 5.76% fall in the Sensex.

The scrip underperformed the market in past one quarter, sliding 18.23% compared with 5.79% fall in the Sensex.

The scrip underperformed the market in past one year, slipping 36.16% compared with 1.70% rise in the Sensex.

On the technical front, the stock's daily RSI (relative strength index) stood at 39.94. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

On the daily chart, the stock was trading below its 50-day, 100-day and 200-day simple moving average (SMA) placed at 420.32, 419.37 and 431.12, respectively.

Chemplast Sanmar is a manufacturer of speciality chemicals such as Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt.

On a consolidated basis, net profit of Chemplast Sanmar declined 88.54% to Rs 27.14 crore while net sales declined 18.02% to Rs 1188.58 crore in Q3 December 2022 over Q3 December 2021.

Previous News
  Chemplast Sanmar reports consolidated net profit of Rs 151.34 crore in the September 2021 quarter
 ( Results - Announcements 30-Oct-21   08:15 )
  Chemplast Sanmar signs LoI for manufacturing new pipeline Active Ingredient
 ( Corporate News - 30-Oct-23   18:27 )
  Chemplast Sanmar to hold board meeting
 ( Corporate News - 21-Oct-21   11:58 )
  Chemplast Sanmar reports net profit of Rs 26.64 crore in the March 2008 quarter
 ( Results - Announcements 22-Apr-08   14:19 )
  Chemplast Sanmar reports net loss of Rs 13.87 crore in the December 2010 quarter
 ( Results - Announcements 24-Jan-11   13:01 )
  Chemplast Sanmar reports net loss of Rs 1.38 crore in the March 2007 quarter
 ( Results - Announcements 13-Apr-07   09:32 )
  Board of Chemplast Sanmar approves change in CFO
 ( Corporate News - 31-Aug-21   21:11 )
  Shares of Chemplast Sanmar get listed
 ( Corporate News - 24-Aug-21   09:04 )
  Chemplast Sanmar announces board meeting date
 ( Corporate News - 01-Aug-24   19:36 )
  Chemplast Sanmar signs LoI for manufacture of new pipeline of Active Ingredient
 ( Corporate News - 17-May-24   09:19 )
  Chemplast Sanmar consolidated net profit rises 48.13% in the December 2021 quarter
 ( Results - Announcements 29-Jan-22   08:09 )
Other Stories
  Tata Motors total sales drop 11% YoY in Sept’24
  01-Oct-24   15:33
  Vipul Organics hits all-time high after board OKs Rs 25 cr right issue
  01-Oct-24   15:06
  Magellanic Cloud Ltd leads losers in 'A' group
  01-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  01-Oct-24   14:45
  GE Power India rises on bagging order worth Rs 240-cr
  01-Oct-24   14:41
  Volumes jump at Caplin Point Laboratories Ltd counter
  01-Oct-24   14:30
  TVS Motor registers 20% growth in September 2024 sales; Q2 total sales at 12.28 lakh units
  01-Oct-24   14:07
  Oil and Gas shares slide
  01-Oct-24   14:00
  Telecom shares fall
  01-Oct-24   14:00
  Real Estate stocks slide
  01-Oct-24   14:00
Back Top