Atul Limited is a diversified manufacturer of chemicals. The Company's products include agrochemicals, aromatics, cresol & its derivatives, pharmaceutical intermediates, bulk drugs and bulk chemicals. Atul also manufactures dyestuffs and colors for the textile industry.
Atul Ltd is a value buy at current valuations. Its currently valued at a P/Eof little over 5%. Its NPM has risen from 5% to 7% over the last year. Apart from this, Revenues have grown at 30% in the last year. The stock is very bullish on the chart and it should continue to be bullish as long as Revenue growth and NPM growth is on track. Its liabilities are pretty well managed. Buy, Accumulate on dips of 10% and hold for long term gains.
Atul Ltd is a value buy at current valuations. Its currently valued at a P/Eof little over 5%. Its NPM has risen from 5% to 7% over the last year. Apart from this, Revenues have grown at 30% in the last year. The stock is very bullish on the chart and it should continue to be bullish as long as Revenue growth and NPM growth is on track. Its liabilities are pretty well managed. Buy, Accumulate on dips of 10% and hold for long term gains.
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