Espresso Shot of the Day - Nacl Industries Ltd up by 7.33 percent

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Espresso Shot of the Day - Nacl Industries Ltd up by 7.33 percent

April 22, 2022
Espresso Shot of the Day - Nacl Industries Ltd up by 7.33 percent

NACL INDUSTRIES LTD 96.65 (+7.33%) BSE – INE295D01020 | 22NDAPRIL 2022


NACL is an established player with PAN India presence and is among the top Indian Agrochemical companies. It has over 50 products covering all major crops and most of the geographies. It has a strong logistic presence with over 56 Stock points across India for faster deliveries. NACL’s products are sold in more than 55000 counters. NACL carries out various activities at the field level to educate and bring awareness among the farmers about the fair use of agrochemicals. NACL has a 50 plus strong Market Development team. The team conducts demonstrations and product specific promotional campaigns in the farmers’ fields for various crops in different parts of India. Educating the farmer is an important part of NACL’s activities. As part of farmer extension programs, NACL focuses on educating farmers through meetings all over India for awareness on crop losses due to pests and diseases; right and judicious use of pesticides, identification of insects, fungus and weeds and their symptoms, dosages, application time, safety precautions to be taken during application and disposal of containers are the other focus areas.


Recent Drivers

  • On Mar 03, 2022, the company reported Net Sales of Rs.399.76 crores in December 2021, up 51% from Rs.264.75 crores in December 2020.
  • On Mar 03, 2022, the company reported a Quarterly Net Profit of Rs.14.41 crores in December 2021, up 56.63% from Rs.9.20 crores in December 2020.
  • On Jan 31, 2022, the company approved granting of 10,203 Stock Options to all Eligible employees of the Company
  • On Jan 28, 2022, the company declared a Third Interim Dividend of Re.0.15/- per equity share.
(Sources: Moneycontrol, BSE)


Technical Force*

  • S&P BSE SmallCap month till date gain up by 3.66%
  • 3 months avg. NSE volume: 177,619
  • Quantity traded: 73,686 | Deliverable Quantity: 36,659 (49.75%)
  • Stock price jumped by more than 170% from a one-year low level: 36.05 (Apr 26, 2021)
  • Daily RSI (14) is nearby Oversold territory today
  • 52-week-high: 104.65 | 52-week-low: 36.05


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

186.03

144.27

118.83

77.07

51.63

9.87

-

    -

Fibonacci Pivot

144.27

118.60

102.74

92.52

77.07

61.61

51.40

35.54

9.87


Today’s Close

96.65

SMA

BSE

10 DAY

91.16

20 DAY

88.03

50 DAY

83.20

200 DAY

79.06


Some Key Ratios (Source: BSE)

Market Cap: 1,916.64 Crores

PE: 26.56

OPM%: 8.92

ROE%: 16.00

Promoters holding%: 64.00

Prev. Close: 90.05


*Chart and Technical Force data from the Binge desktop app
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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.