I G Petrochemicals Ltd. (IGPL) is an established market leader in Phthalic Anhydride (PAN) with sound recognition and excellent plant facilities of international standards. Equipped with one of the biggest capacity at a single location, the Company has the capability to cater to local and international market. Phthalic Anhydride (PAN) is used in industries such as flexible PVC, plastics, paints, construction, transportation and marine.
Today, IGPL share price surged 5 per cent to trade at the intraday high of 245.75 and even at 12:27 AM, the stock is holding its stance.
IGPL started production in the year 1992 with a view to develop into one of the leading players in the petrochemicals industry. Today, they are the largest producer of PAN in India. Their dynamic spirit to go beyond the normal realms of success and relentless determination to be the market leader has been the hallmarks of their pursuit of excellence. IGPL is promoted by the Dhanuka Group in technical collaboration with Lurgi GmbH, Germany.
I G Petrochemicals Ltd is in the Chemicals sector, having a market cap of Rs. 720.75 crores as on 9th December 2016. It has reported the sales of Rs. 254.98 crores and a net profit of Rs. 20.26 crores for the quarter ended September 2016.
Currently IGPL share price is trading above its 50 DMA with the beta of 1.38. IGPL has the Consolidated FY 15-16 PE Ratio of 11.98, Standalone FY 15-16 PE Ratio of 11.94 and Standalone Trailing PE Ratio of 10.60. The face value Rs. 10 shares have the book value of Rs. 94.69. In the September quarter, the company has announced the EPS of Rs. 6.58, lesser than the EPS in the June quarter of Rs. 9.77.
IGPL is the Multibagger recommendation for the month by Dynamic Levels. For the details on the stock, visit IGPL share price history page of Dynamic Levels website.
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