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1 Comment
I G Petrochemicals Limited is currently in a long term uptrend where the price is trading 42.8% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.3.
I G Petrochemicals Limited's total revenue rose by 14.2% to $3B since the same quarter in the previous year.
Its net income has increased by 1305.0% to $629M since the same quarter in the previous year.
Finally, its free cash flow grew by 44.0% to $641M since the same quarter in the previous year.
Based on the above factors, I G Petrochemicals Limited gets an overall score of 5/5.
| ISIN | INE204A01010 |
|---|---|
| Industry | Chemicals |
| Sector | Basic Materials |
| CurrencyCode | INR |
| Exchange | NSE |
| Market Cap | 14B |
|---|---|
| PE Ratio | 6.12 |
| Beta | 1.17 |
| Dividend Yield | 2.1% |
| Target Price | 741 |
I G Petrochemicals Limited engages in the manufacture and sale of organic chemicals in India and internationally. It offers phthalic anhydride that is used in the manufacture of plasticizers, alkyd resins and paints, unsaturated polyester resins, and CPC pigments; and maleic anhydride, an organic compound used in the production of spandex, unsaturated polyester resins, lubricating oil additives, personal care products, water treatment detergents, and insecticides and fungicides. The company also provides benzoic acid, an organic compound used in the manufacture of perfumes, dyes, topical medications, insect repellants, and food preservatives; and advance plasticizers used in the production of incense sticks, perfumes, and plastic packaging films. I G Petrochemicals Limited was incorporated in 1988 and is based in Mumbai, India.
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