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Espresso shot of the day – Camlin Fine Sciences Ltd up by 10.71 percent

Espresso shot of the day – Camlin Fine Sciences Ltd up by 10.71 percent

February 19, 2021

CAMLIN FINE SCIENCES LTD 116.85 ( 10.71 %)  BSE – INE052I1032| 19th FEB 2021


Camlin Fine Sciences Ltd. (CFS) is the leading integrated manufacturer of the most preferred traditional antioxidants (Shelf Life Solutions) available. At CFS, they focus on four key businesses– shelf life solutions, aroma ingredients, health & wellness and performance chemicals. Apart from offering high-quality traditional antioxidants for the food, pet food, and animal nutrition industry, they have a product basket which can cater to a wide range of industries. Over the last three decades, they have earned customer loyalty with their market knowledge and expertise, product offering and customer service.

Recent Drivers

  • Camlin Fine Science Ltd. has reported Net Sales at Rs 163.64 crores in December 2020 up 6.84% from Rs 153.16 crores in December 2019.
  • Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA) of Camlin Fine Science Ltd stands at Rs 19.27 crores in December 2020 up 14.36% from Rs 16.85 crores in December 2019.
  • At meeting held on 08 February 2021, The Board of Camlin Fine Sciences Ltd. has in-principally approved further acquisition of 35% stake in its subsidiary namely, Dresen Quimica SAPI de CV (Dresen) from Controladora De Servicios Riso S.A.P.I. de C.V. (the joint venture partner)
  • On 20th January 2021, Camlin Fine Science Ltd. has allotted 12,750 equity shares of face value of Rr.1/ each in accordance with the terms of ESOP 2018.
 (Sources: Business Standard )

Technical Force*

  • S&P BSE ALL CAP month till date gain up by 10.04%
  • Spurt in volume by more than 3.73 times compares to previous vol. 3 months avg qty – 23,44,741
  • Stock price has jumped more than 100% from one year low level – 33.0, 26 March 2020
  • Daily RSI (14) is above central line today
  • 52 -week high – 133.70 | 52- week low- 33.40

 Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

259.87

196.78

159.57

96.48

59.27

-

-

-

Fibonacci Pivot

196.78

158.47

134.80

119.55

96.48

73.41

58.17

34.50

-


Today’s Close

116.85

SMA

BSE

10 DAY

110.24

20 DAY

108.63

50 DAY

115.61

200 DAY

88.30

Some Key Ratios (Source: BSE)

Market Cap: 1489.66 crores

PE: 65.65

OPM%: 6.83

ROE%: 5.19

Prev. Close: 105.55

*Chart And Technical Force data taken 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.