February 28, 2024

Profitmart research report on Sadhana Nitro Chem

Established in 1973, Sadhana Nitro Chem Ltd. (SNCL), is a leading manufacturer specializing in intermediate specialty chemicals. & manufactures chemical intermediates, heavy organic chemicals, performance chemicals focused primarily on benzene based compounds like nitro benzene, metanillc acid, MAP etc. SNCL makes specialty based chemicals which find several applications in sectors like paper, pharma, agro chemicals, thermal dyes, light stabilizers, aerospace and dyes & Intermediates. SNCL has its manufacturing facility at Roha Maharashtra.

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Hence we believe that the SNCL stock should be purchased at the current price for a price target of around Rs 204 over the next 18 months.

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Sadhana Nitro Chem – 30 – 12 – 2023 – pro