November 22, 2024
Fine Organic Industries shares: Sell Fine Organic Industries, target price Rs 4,095: Motilal Oswal Financial Services #IndustryFinance

Fine Organic Industries shares: Sell Fine Organic Industries, target price Rs 4,095: Motilal Oswal Financial Services #IndustryFinance

CashNews.co

Motilal Oswal Financial Services has sell call on Fine Organic Industries with a target price of Rs 4,095. The current market price of Fine Organic Industries is Rs 5,117.4. Fine Organic Industries, incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 15,550.74 Crore) operating in Chemicals sector.

Fine Organic Industries key Products/Revenue Segments include Speciality Chemicals, Scrap for the year ending 31-Mar-2024.

Financials

For the quarter ended 30-06-2024, the company has reported a Consolidated Total Income of Rs 574.19 Crore, up .79% from last quarter Total Income of Rs 569.72 Crore and up 2.24% from last year same quarter Total Income of Rs 561.62 Crore. Company has reported net profit after tax of Rs 113.73 Crore in latest quarter. Promoter/FII Holdings

Promoters held 75.0% stake in the company as of 30-Jun-2024, while FIIs owned 4.93%, DIIs 11.12%.

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