BUY GHCL FOR LONG TREM

Gujarat Heavy Chemicals Ltd.

 NSE Dec 15,   309.50 11.90 (+4.00%) VOLUME  3016781 

GHCL Limited was incorporated on 14th of October 1983. The company has established itself as a well-diversified group with an ascertained footprint in Chemicals, Textiles and Consumer Products segment.

BUY / GHCL:310 / TARGET 450 / STOP LOSS 270

 

Income Statement

STANDALONE	Sep'17	Jun'17	Mar'17	Dec'16
Net Sales	714.30	750.39	824.40	613.46
Other Income	3.08	2.87	1.58	1.64
PBDIT	135.79	164.05	183.02	161.36
Net Profit	53.32	157.86	113.11	80.54

Balance Sheet                                                                                                           Mar'17

Total Share Capital	99.47
Net Worth	1,351.31
Total Debt	1,211.98
Net Block	2,399.05
Investments	8.82
Total Assets	2,563.29

Dividend Declared

Announcement Date	Effective Date	Dividend Type	Dividend (%)	Remarks
22-05-17	21-06-17	Final	35.00	Rs.3.5000 per share(35%)Final Dividend
31-01-17	09-02-17	Interim	15.00	Rs.1.5000 per share(15%)Interim Dividend.
19-05-16	11-07-16	Final	35.00	Rs.3.5000 per share(35%)Dividend
22-05-15	15-07-15	Final	22.00	Rs.2.2000 per share(22%)Dividend
28-05-14	07-08-14	Final	20.00	Rs.2.0000 per share(20%)Dividend
24-05-13	12-09-13	Final	20.00	Rs.2.0000 per share(20%)Dividend