Fine Organics

The brokerage remains constructive on Fine Organic, backed by its capacity expansion plans in both India and the US by FY27.

It has also zoomed 70 per cent in the past six months, as compared to 0.12 per cent decline in the benchmark index

As of 11:09 am; these stocks rallied up to 14 per cent on the BSE in intra-day trade today. In comparison, the S&P BSE Sensex was down 0.04 per cent.

PAT jumped nearly four-fold; Ebitda margins improved to 25.8 per cent from 15.1 per cent owing to shift in the product mix towards high- margin value-added products

The BSE Sensex and the Nifty 50 stand currently 10 per cent higher from the May 2021 levels, and if positive sentiment continues, the market may repeated a similar bull run.

Coal India, GNFC, Cholamandalam, Fine Organic and Hitachi Energy can easily provide up to 14 per cent upside, indicate charts.

The scrip hit a high and low of Rs 833 and Rs 786 respectively in intra-day deals.