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This BSE500 stock turns Rs 10,000 to Rs 7 lakh in just 10 years
This BSE500 stock turns Rs 10,000 to Rs 7 lakh in just 10 years
Chemicals company Alkyl Amines Chemicals has seen its shares increase 7,500% over the past decade, with a 366% rise in the past three years alone. The company, which has a market cap of about INR124.8bn ($1.68bn) manufactures amines and amine-based chemicals, used in pharmaceutical, agrochemical, rubber chemical and water treatment industries. Its shares currently have a price-to-earnings ratio of 55. However, technical analysts suggest the shares are currently underperforming, are indicating a downtrend, and advise refraining from fresh buying positions and setting a stop loss at INR2,260.
Chemicals company Alkyl Amines Chemicals has seen its shares increase 7,500% over the past decade, with a 366% rise in the past three years alone. The company, which has a market cap of about INR124.8bn ($1.68bn) manufactures amines and amine-based chemicals, used in pharmaceutical, agrochemical, rubber chemical and water treatment industries. Its shares currently have a price-to-earnings ratio of 55. However, technical analysts suggest the shares are currently underperforming, are indicating a downtrend, and advise refraining from fresh buying positions and setting a stop loss at INR2,260.
Chemicals company Alkyl Amines Chemicals has seen its shares increase 7,500% over the past decade, with a 366% rise in the past three years alone. The company, which has a market cap of about INR124.8bn ($1.68bn) manufactures amines and amine-based chemicals, used in pharmaceutical, agrochemical, rubber chemical and water treatment industries. Its shares currently have a price-to-earnings ratio of 55. However, technical analysts suggest the shares are currently underperforming, are indicating a downtrend, and advise refraining from fresh buying positions and setting a stop loss at INR2,260. 
