Stock has announced 10 rs dividend, Gujarat based PSU stock, stock has book value of rs 300+.
it is a highly undervalued stock, PE is half of industry PE.
Given best results this year.
Chemical sector has bottomed out and this is going to be strong candidate for value unlocking.
Stock can be chasing its Book value and trade close to 300 in 6-12 months.
It is giving highest ever dividend of rs 10, its last year dividend was 2rs.
In charts also stock is trading in ath territory.
it is a highly undervalued stock, PE is half of industry PE.
Given best results this year.
Chemical sector has bottomed out and this is going to be strong candidate for value unlocking.
Stock can be chasing its Book value and trade close to 300 in 6-12 months.
It is giving highest ever dividend of rs 10, its last year dividend was 2rs.
In charts also stock is trading in ath territory.
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