Sell Fine Organic Industries, target price Rs 5145: Anand Rathi

Anand Rathi has sell call on Fine Organic Industries with a target price of Rs 5145. The current market price of Fine Organic Industries is Rs 7120.05.

Fine Organic Industries Ltd., incorporated in the year 2002, is a Mid Cap company (having a market cap of Rs 21827.76 Crore) operating in Chemicals sector.

Fine Organic Industries Ltd. key Products/Revenue Segments include Speciality Chemicals, Scrap and Others for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 764.31 Crore, up 21.08 % from last quarter Total Income of Rs 631.26 Crore and up 110.26 % from last year same quarter Total Income of Rs 363.50 Crore. Company reported net profit after tax of Rs 160.04 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 30-Jun-2022, while FIIs owned 7.2 per cent, DIIs 10.94 per cent.