Clariant Chemicals India Ltd Stock Quotes and Charts
Clariant Chemicals India Ltd is a good stock to hold. If some one is holding this stock keep holding.
the company is closing down all operations at Thane and has given VRS or transfers to their staff at Cuddlore or Roha.Some Part of land at Thane was sold and part they have plan to dispose. we may get good dividend for a year or two but in future this company will sell all business.
Based on the latest market price of Rs 630.40 and trailing 12-month EPS of Rs 49.17, the Clariant Chemicals (India) stock attracts a P/E multiple of 12.82. Hopes of delisting offer from the parent firm and an almost debt free and cash-rich status helped the stock command a higher valuation as compared with the industry average of 11.68 of specialty chemicals manufacturers. <br>it is safe stock to stay invested for slow & steady returns.
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