Why is thirumalai Chemical falling?

Why is thirumalai Chemical falling?

Despite its noteworthy liabilities, Thirumalai Chemicals boasts net cash, so it’s fair to say it does not have a heavy debt load! Importantly, Thirumalai Chemicals’s EBIT fell a jaw-dropping 85\% in the last twelve months. That limp level of cash conversion undermines its ability to manage and pay down debt.

Should I buy Thirumalai Chemicals share?

Thirumalai Chemicals Limited (NSE: TIRUMALCHM) As on 15th Dec 2021 TIRUMALCHM Share Price closed @ 228.35 and we RECOMMEND Buy for LONG-TERM with Stoploss of 165.49 & Strong Sell for SHORT-TERM with Stoploss of 262.33 we also expect STOCK to react on Following IMPORTANT LEVELS.

Why is MRF stock so expensive?

MRF is the most expensive stock in the Indian equity market, which costs Rs 54,488 for one share. This is because MRF has never split its stock. The reason behind this can be that as the price of the share is high, a retail trader with small investment won’t be willing to buy MRF shares.

What happened to Thirumalai Chemicals?

Thirumalai Chemicals jumped 5.41\% to Rs 199.7, snapping its three-day losing streak amid bargain hunting. The stock declined 8.39\% in the past three sessions to end at Rs 189.45 yesterday, from its recent closing high of Rs 206.75 recorded on 2 September 2021.

What is the business of Thirumalai Chemicals?

Thirumalai Chemicals manufactures and sells organic chemicals in India. It ranks among the largest producers in the world of phthalic anhydride, malic acid, maleic anhydride and fumaric acid.

Why is Berkshire Hathaway share price so high?

The main reason why Berkshire Hathaway Class A stock is priced so high is that the company didn’t decide to split its stock. As a result, the price of each share has risen along with the immense growth of the holding company over the past decades and is now the most ‘expensive’ publicly trading stock.

What is phthalic anhydride used for?

Phthalic anhydride is widely used worldwide for an extremely broad range of applications spanning from the plastics industry to the synthesis of resins, agricultural fungicides and amines. Its production is currently based on the vapor phase oxidation of o-xylene and naphthalene.

Is maleic anhydride an acid?

TCC’s Maleic Anhydride is an organic compound with the formula C2H2(CO)2O. It is the acid anhydride of maleic acid and in its pure state is a colorless or white solid with an acrid odor.

Is Berkshire overvalued?

Warren Buffett’s Berkshire Hathaway is still putting up solid growth numbers, but with a $730 billion market cap, some investors are wondering if there’s any value left in Berkshire stock. Earnings: A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value.

Will Thirumalai Chemicals Ltd stock price drop / fall?

The Thirumalai Chemicals stock price is 198.450 INR today. Will Thirumalai Chemicals Ltd stock price drop / fall? Yes. The Thirumalai Chemicals stock price may drop from 198.450 INR to 193.538 INR .

What is the operating margin of Thirumalai Chemicals?

The operating margin of Thirumalai Chemicals for the current financial year is 22.12 \%. Dividend Yield: – It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Thirumalai Chemicals is Rs 2.20 and the yield is 1.09 \%.

Are Thirumalai Chemicals shares in a bullish cycle?

According to present data Thirumalai Chemicals’s Thirumalai Chemicals Ltd shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Currently there seems to be a trend where stocks in the Other Mining, Quarrying, and Oil and Gas Extraction sector (s) have been popular in this period.

How much does Thirumalai Chemicals Lt spend on interest expenses?

Thirumalai Chemicals Lt… Company has spent 1.93\% of its operating revenues towards interest expenses and 4.92\% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)