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Indo Borax & Chemicals Ltd

Indo Borax & Chemicals Ltd (INDOBORAX)

₹176.65▲1.29%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Indo Borax & Chemicals Ltd share Performance

₹174.85
₹181.95
₹176.65
1.02%
Low
Day's Volatility:4.02%
High
3.00%
₹115
₹238
₹176.65
34.90%
Low
52 Weeks Volatility:69.63%
High
34.73%

Returns %
1 Month Return	3.17 %
3 Month Return	-8.21 %
1 Year Return	50.44 %

Market Stats
Previous Close	₹178.95
Open	₹178.50
Volume	31.13K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹574.25Cr

Company Information

Indoborax and Chemicals limited (IBCL) is an India-based company that manufactures and supplies chemicals like Boric Acid Tech. Grade Powder, Boric Acid Tech. Grade Granular, Borax Decahydrate Granular, and Borax Decahydrate Crystal. Founded in 1980, IBCL’s stocks were offered to the public in 1993 and got an overwhelming response from investors. The company carries out its manufacturing operations at its plant in Pithampur, Madhya Pradesh, which is well connected to all parts of India and has the capacity to generate its own power. As per 2010 records, IBCL had an installed capacity of 14,400 boron products and a production of 6,123 million tons of boron products. IBCL also has been approved by the Food and Drug Administration for manufacturing pharmaceutical grade Boric Acid.

Share Price: ₹176.65 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹574.25Cr as of today
Revenue: ₹44.06Cr as on December 2023 (Q4 23)
Net Profit: ₹8.23Cr as on December 2023 (Q4 23)
Listing date: 29 Mar, 2022

Organisation	Indo Borax & Chemicals Ltd
Headquarters
Industry	Chemicals
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Key events for Indo Borax & Chemicals Ltd

Indo Borax & Chemicals Ltd Reports Decrease in Net Sales and Profit - 22 Feb, 2024
Indo Borax Consolidated reports a decrease of 20.41% YoY in net sales at Rs. 44.06 crore, with quarterly net profit down by 39.92%. EBITDA stands at Rs. 11.92 crore, down 40.1% from December 2022. The EPS has decreased to Rs. 2.56 in December 2023 from Rs. 4.27 in December 2022. Indo Borax shares closed at 181.15 on February 21, 2024 (BSE) and have given 15.97% returns over the last 6 months and 53.71% over the last 12 months.

Fundamentals of Indo Borax & Chemicals Ltd

Insights on Indo Borax & Chemicals Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 47.90% to 49.10% in Mar 2024 quarter
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.03% to 0.10% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Solar Industries India Ltd has given 132.1% return, outperforming this stock by 81.6%
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 52.07% to 50.80% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 7 days, INDOBORAX stock has moved down by -1.2%
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 5 quarters, 13.7 Cr → 8.23 Cr (in ₹), with an average decrease of 11.9% per quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 4 quarters, 58.33 Cr → 46.8 Cr (in ₹), with an average decrease of 6.9% per quarter