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7,000 per cent returns: Heavy buying in this high ROE & high ROCE multibagger chemicals stock - Rockets over 5 per cent today; Here’s why!
7,000 per cent returns: Heavy buying in this high ROE & high ROCE multibagger chemicals stock - Rockets over 5 per cent today; Here’s why!

7,000 per cent returns: Heavy buying in this high ROE & high ROCE multibagger chemicals stock - Rockets over 5 per cent today; Here’s why!

The stock gave multibagger returns of 360 per cent in 3 years, 960 per cent returns in 5 years and a whopping 7,000 per cent in a decade.

Kiran Shroff Article rating: 4.3

The stock is trading above 50 DMA & 200 DMA (DMA stands for Daily Moving Average).  

Multibagger textile chemical stock soared by more than 10 percent today, with the successful acquisition of Biotex and new collaborations across borders
Multibagger textile chemical stock soared by more than 10 percent today, with the successful acquisition of Biotex and new collaborations across borders

Multibagger textile chemical stock soared by more than 10 percent today, with the successful acquisition of Biotex and new collaborations across borders

The stock traded its 52 weeks high today, with five times more trading volume than average.

Prajwal Wakhare Article rating: 4.4

The revenue from operations for Q2 FY24 rose to Rs 145.3 crores from Rs 78.5 crores, with a substantial growth of 85.10 per cent on a YoY basis, while net profit saw notable gains of 183.78 per cent.

Tailwinds for speciality chemical stocks: Majority turn into multibaggers with Fineotex Chemical becoming seven-bagger!
Tailwinds for speciality chemical stocks: Majority turn into multibaggers with Fineotex Chemical becoming seven-bagger!

Tailwinds for speciality chemical stocks: Majority turn into multibaggers with Fineotex Chemical becoming seven-bagger!

Sweet sixteen stocks turn into multibaggers from speciality chemical sector; Fineotex Chemical skyrockets 590 per cent!

Karan Dsij Article rating: 4.1

The export-oriented sectors like information technology and pharmaceutical stocks perform well. However, this time around, there is another sector that has caught investors’ interest.   

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