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.

Story continues below Advertisement

Outlook

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.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sadhana Nitro Chem – 30 – 12 – 2023 – pro