₹2277.3▲2.97%
3.69%
Low
Day's Volatility:4.73%
High
1.04%
17.45%
Low
52 Weeks Volatility:37.54%
High
20.10%
Returns % | |
1 Month Return | + 0.33 % |
3 Month Return | -3.47 % |
1 Year Return | -6.99 % |
Market Stats | |
Previous Close | ₹₹2,211.60 |
Open | ₹₹2,233.00 |
Volume | ₹44.18K |
Upper Circuit | ₹- |
Lower Circuit | ₹- |
Market Cap | ₹₹7,165.81Cr |
based on 2 analysts
Based on 2 analysts offering long term price targets for Balaji Amines Ltd. An average target of ₹2742
Source: S&P Global Market Intelligence
Organisation | Balaji Amines Ltd |
Headquarters | |
Industry | Chemicals |
E-voting on shares | Click here to vote |
Key events for Balaji Amines Ltd
Balaji Amines reports a 5.81% YoY increase in net sales at Rs. 367.17 crore for March 2024, with quarterly net profit up by 65.91%. The company's EPS has also increased from Rs. 11.59 to Rs. 19.32. Balaji Amines shares closed at 2,179.40 on May 16, 2024 (NSE) and have given returns of 7.65% over the last 6 months and -8.83% over the last 12 months.
Balaji Amines FY2024 EPS Beats Expectations - 10 May, 2024
Balaji Amines reports a decrease in revenue and net income for FY2024, but beats analyst estimates with an EPS of ₹63.22. The company's share price remains stable.
Balaji Amines Reports Strong Q4 Results and Dividend Announcement - 08 May, 2024
Balaji Amines reported strong results for Q4FY24, with consolidated net profit of Rs 68 crore and EBITDA climbing 4.7% YoY. The company also recommended a final dividend of Rs 11 per equity share for FY24, the highest ever announced by the company. Shares surged up to 16%, reaching a two-month high.
Balaji Amines FY23 Revenue Up, Net Profits Down; Plans to Expand Product Portfolio and Increase Exports - 04 May, 2024
Balaji Amines reported a 1.4% increase in revenue from operations in FY23 but net profits were down by 2.92%. The company plans to expand its product portfolio with the release of n-Butylamine, Methylamine, and Dimethyl ether within the next year. It also aims to increase exports from 15%-17% to 25%-30% in the upcoming years.
Balaji Amines Ltd shows renewed momentum - 24 Apr, 2024
After a period of consolidation, Balaji Amines Ltd is showing renewed momentum and building a strong base in a larger time frame. Trading above the 50 DMA indicates robust price action strength, with positive crossover in MACD and RSI at 53 levels. If it surpasses Rs 2,260 level, it may trigger a breakout. Hence, one can initiate a long position at CMP Rs 2,228 for a target price of Rs 2,450.
Fundamentals of Balaji Amines Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
Profit Spike
Netprofit is up for the last 3 quarters, 34.71 Cr → 68.03 Cr (in ₹), with an average increase of 28.6% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 4.57% to 4.92% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 3 quarters, 387.31 Cr → 422.69 Cr (in ₹), with an average increase of 4.2% per quarter
MF Holding Up
Mutual Funds have increased holdings from 0.07% to 0.09% in Mar 2024 quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 53.70% of holdings in Mar 2024 quarter
Against Peers
In the last 3 years, Gujarat Fluorochemicals Ltd has given 296.9% return, outperforming this stock by 312.8%
Against Peers
In the last 1 year, Pidilite Industries Ltd has given 17.0% return, outperforming this stock by 24.0%
Price Dip
In the last 3 years, BALAMINES stock has moved down by -15.9%
Retail Holding Down
Retail Investor have decreased holdings from 40.30% to 39.90% in Mar 2024 quarter
Balaji Amines Ltd in the last 5 years
Lowest (6.87x)
August 5, 2019
Today (34.98x)
May 17, 2024
Industry (38.59x)
May 17, 2024
Highest (54.52x)
September 14, 2021
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 53.7% | 0.00 | |
Foreign Institutions | 4.92% | 0.00 | |
Mutual Funds | 0.09% | 0.00 | |
Retail Investors | 39.9% | 0.00 | |
Others | 1.4% | 0.00 |
Technicals of Balaji Amines Ltd share
News & Events of Balaji Amines Ltd
Balaji Amines Ltd (BALAMINES) share price today is ₹2277.3
Balaji Amines Ltd is listed on NSE
Balaji Amines Ltd is listed on BSE
PE Ratio of Balaji Amines Ltd is 34.98
PE ratio = Balaji Amines Ltd Market price per share / Balaji Amines Ltd Earnings per share
Today’s traded volume of Balaji Amines Ltd(BALAMINES) is 44.18K.
Today’s market capitalisation of Balaji Amines Ltd(BALAMINES) is ₹7165.81Cr.
Balaji Amines Ltd(BALAMINES | Price |
---|---|
52 Week High | ₹2735 |
52 Week Low | ₹1880 |
Balaji Amines Ltd(BALAMINES) share price is ₹2277.3. It is down -16.73% from its 52 Week High price of ₹2735
Balaji Amines Ltd(BALAMINES) share price is ₹2277.3. It is up 21.13% from its 52 Week Low price of ₹1880
Balaji Amines Ltd(BALAMINES | Returns |
---|---|
1 Day Returns | 65.7% |
1 Month Returns | 0.33% |
3 Month Returns | -3.47% |
1 Year Returns | -6.99% |