India’s largest carbon black manufacturer Phillips Carbon’s shares shot up by almost 6 per cent in today’s trading session since the morning. At 12:09 pm, the stock touched day’s high and low of Rs 233.85 and Rs 218.10 respectively. Phillip Carbon share price is currently trading at Rs 229, up by 5.26 per cent.
The scrip has an ADM or Average Daily Movement of 12.72. Its average volume of 20 days stands at 257314. The market cap of Phillips Carbon amounts to Rs. 749.84 (Cr) while the book value stands at 150.60.
The P/E Ratio of the scrip are as follows:
Consolidated FY 15-16 PE Ratio
|
34.98
|
Standalone FY 15-16 PE Ratio
|
32.80
|
Standalone Trailing PE Ratio
|
17.71
|
Phillips Carbon share price opened at Rs 218.10 from a previous closing of Rs 217.55. So far, the traded volume stands at over 3 lac shares with a traded value of Rs 765.78 lac.
As per the Dynamic Levels analysts and researchers, Phillips Carbon belongs to the multibagger stocks lot for this quarter. Phillips Carbon Black Limited (PCBL) is a part of $2500 million (or 2.5 billion) RP-Sanjiv Goenka Group. It has a business of $500 million and four strategically located state-of-the-art plants at Durgapur, Palej, Cochin as well as Mundra. Phillips Carbon today is India's largest and globally seventh largest carbon black producer.
The Company was set up in collaboration with a US company Phillips Petroleum. PCBL started its production in the year 1962 with 14,000 metric tonnes (MT) of carbon black at Durgapur. At present, the Company has a production capacity of 4, 72,000 MT per annum in India, and involves a dedicated capacity of Specialty Blacks of 40,000 MT per annum at Palej.
To get information on the fundamentals and financials of Phillips Carbon and to gain more knowledge about its resistance and support levels, kindly pay a visit to Phillips Carbon share price history.
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