Kanoria Chemicals & Industries Limited manufactures and sells chemical intermediates in India. The company operates through Alco Chemicals and Solar Power segments. It provides chemicals, such as acetaldehyde, di-pentaerythritol, formaldehyde, hexamine, pentaerythritol, phenolic resins, and sodium formate. The company also develops and sells electronic and mechatronic modules, and control devices for the automotive, consumer goods, power tool electronics, and building automation industries. In addition, it operates a solar power plant with a generation capacity of 5 MW in Jodhpur district, Rajasthan; and manufactures and sells yarn and denim. The company also exports its products. The company was incorporated in 1960 and is based in New Delhi, India. Kanoria Chemicals & Industries Limited is a subsidiary of Vardhan Limited.
General Outlook
In simple terms, Kanoria Chemicals & Industries Limited has 43.693 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.292% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.001%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.015%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.016% return, is a testament to Kanoria Chemicals & Industries Limited's adeptness in optimizing resource deployment. Kanoria Chemicals & Industries Limited's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.078%. Furthermore, the proficiency of Kanoria Chemicals & Industries Limited in capital utilization is underscored by a remarkable -0.002% return on capital employed.
Stock Prices
Kanoria Chemicals & Industries Limited's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $131, while its low point bottomed out at $126.05. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Kanoria Chemicals & Industries Limited's stock market.
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