well its my first thread ,
firstly i have notice that market has give 40 P/E multiple in past
secondly 2nd largest Player in chlor alkali industry GUJARAT ALKALIES. despite of fall in profit and reporting loss from last 2 quatre jun-23/sep23 . did not fall and consolidated , because of fall in earning P/e shoot up . but it is interesting to see that stock is traded below book value price is consolidated .
i have read that company(gacl) is facing problem regarding recent joint venture with nalco of chlorine disposal and making looses.
thats my view on GACL
now come to EPIGRAL LTD ,
Despite of volatility’s in margin and downturn in chemical company able to make operating profite 20%+ in last 2 quater , while for gacl it stand for 3% and 2% . its Quite interesting.
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