BSE Code : 541557 I Face Value (₹) : 5 I Mcap FF (Cr.) : 1,585.35 I 52 Week High / Low : ₹2,548.30 / 1,350.00
Fine Organic Industries Limited manufactures oleochemical-based additives for food, plastic, cosmetics, paint, ink and coatings. The company sells its products under the brand ‘Fine Organics’. Its products include Datem, Acetem and Lactem. It primarily manufactures three types of food additives: anti-fungal agents and preservatives, emulsifiers and other specialty additives. It manufactures a range of plastic additives such as polyolefins additives, styrenics, elastomer and thermoplastic elastomer compound additives, engineering plastic processing additives, foamed plastic product additives, polyvinyl chloride processing additives and thermosets or composite product additives. The company is also involved in the manufacturing of cosmetic and pharmaceutical additives and rubber additives. It produces anti-settling agents, thickening and anti-sagging agents, wetting and dispersing agents, defoamers, biocides and anti-mar waxes. Its subsidiaries include Fine Organics USA Inc. and Fine Organics Europe BVBA.
On the consolidated financial front, the net sales for the fourth quarter of FY20 amounted to ₹247.28 crore – a decrease of 13.02 per cent as compared to net sales of ₹284.28 crore for the fourth quarter of FY19. The decrease in sales figures for Q4FY20 can be attributed to the loss of sales during the last two weeks of March led by the virus pandemic and also on account of the logistic problems faced domestically as well as in many other countries.
Denne historien er fra July 20, 2020-utgaven av Dalal Street Investment Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra July 20, 2020-utgaven av Dalal Street Investment Journal.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
How To Invest In An Ageing Bull Market
Bull rallies (periods when stock prices rise) and bear declines (periods when stock prices fall) are natural parts of stock market cycles, but they don't follow a fixed timeline.
Should You Entrust All Your Money To A Single AMC?
If you are a market participant, you have probably heard the quote 'don't put all your eggs in one basket', which suggests diversification. Investors often focus on diversifying across categories like large-cap, mid-cap and small-cap, but they may unintentionally overlook diversification across different AMCs. The question arises: is AMC-wise diversification really necessary? Rakesh Deshmukh takes a closer look at this scenario
Wild Swings Engulf Global Equities
U.S. stock markets experienced significant volatility. An early-week rally pushed the markets to new highs, but this momentum faded, primarily due to weaknesses in the tech sector. The major indices had a mixed finish with, S&P 500 and Nasdaq closed lower, while the Dow recorded a notable gain.
U.S. Elections and China's Economy Hamper Commodities
Commodity markets experienced selling pressure in the last fortnight, driven by uncertainties surrounding the upcoming U.S. presidential elections, concerns about the Chinese economy, and increased agricultural production in Brazil.
Wealth Building For Retirement Through Mutual Funds
Retirement is one of the most crucial and lifechanging phases. It marks a period where maintaining your lifestyle becomes paramount even though your regular income stops.
Mastering Investment with Information Ratio
Information Ratio helps in navigating the complexities of the investment landscape by assessing an active fund manager's performance. And though it has its limitations, it remains an essential part of the finance industry. The article explains what Information Ratio is and how investors can use it as another tool
Plan To Be Financially Independent
Each of us aspires to be financially independent as it ensures having enough resources to be self-sufficient and control our finances.
❝Technology is the new game-changer"
With a new breed of young investors entering the financial markets, it is the use of technology that is increasingly playing a major role in how investments are done and tracked. Anand Radhakrishnan, Managing Director, Sundaram Mutual Fund, shares his opinion about how this factor is turning into a significant tool and how it will shape the strategies of his company
What If Donald Trumps?
The potential election of Donald Trump as president in the U.S. carries significant implications for the Indian equity market. It could lead to changes in the global trade dynamics, in particular affecting the Indian IT sector while also raising inflation levels and leading to yet another revision in the visa programme for Indians who want to work in the US. The article takes a closer look at what may lie in store
Sectoral Gains Make A Mark
Benchmark indices continued their uptrend, reaching new record highs, although the pace has slowed as the broader markets faced selling pressures
