Specialty Chemical stock recommends 500% dividend, FIIs stake up in Q4: Do you own?
1 year, 7 months ago

Specialty Chemical stock recommends 500% dividend, FIIs stake up in Q4: Do you own?

Live Mint  

Balaji Amines is a mid cap specialty chemical company that recorded a market cap of ₹7,471.99 Cr during Friday's closing. 2/- per share and the same will be payable after it is approved by the shareholders at the 35th Annual General Meeting of the Company,” said Balaji Amines in a stock exchange filing today. Balaji Amines said its net expenses stood at ₹391.93 Cr during the quarter under review down by 34.91% YoY from ₹602.18 Cr in the year-ago quarter. The net profit of Balaji Amines reached Rs 47.40 Cr during Q4FY23 down by 56.40% YoY from ₹108.72 Cr in Q4FY22.

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History of this topic

Balaji Amines stock price tanks 15% as CFO resigns
1 year, 7 months ago

Balaji Amines stock price tanks 15% as CFO resigns

Live Mint  

Balaji Amines shares slumped over 15% on Monday following resignation of Chief Financial Officer, Hemanth Reddy Gaddam on Saturday. The full-time director and CFO has resigned to focus on subsidiary company, Balaji Speciality Chemicals Ltd, said the company in an exchange filing. Furthermore, the company announced that independent directors Naveena Thammishetty Chandra, Kashinath Revappa Dhole, Satyanarayana Murthy Chavali, Amarender Reddy …

Multibagger specialty chemical stock recommends 500% dividend, FIIs stake up in Q4: Do you own?
1 year, 7 months ago

Multibagger specialty chemical stock recommends 500% dividend, FIIs stake up in Q4: Do you own?

Live Mint  

A mid-cap specialty chemical firm is Alkyl Amines Chemicals. Alkyl Amines Chemicals Ltd., which was founded in 1979, is a leading provider of specialised amines, aliphatic amines, and amine derivatives to the pharmaceutical, agrochemical, water treatment, rubber chemical, and other sectors. The same will be payable after it is approved by the shareholders at the ensuing Annual General Meeting,” said …

Dr Reddy's Dips 7% Even as Q4 Net Profit Jumps 10-Fold; Should you Buy, Sell or Hold?
1 year, 7 months ago

Dr Reddy's Dips 7% Even as Q4 Net Profit Jumps 10-Fold; Should you Buy, Sell or Hold?

News 18  

Shares of Dr Reddy’s Laboratories slipped 7 per cent in early trade on May 11, a day after the company posted its Q4 results. The drugmaker’s net profit for the quarter jumped 10-fold to Rs 959.2 crore from Rs 87.5 crore in the same period last year but still lagged the Street’s estimate of Rs 1,093.6 crore. “Dr Reddys’ reported …

Birla Corp Q4 results: PAT dips 23%; details of dividend, NCDs, earnings here
1 year, 7 months ago

Birla Corp Q4 results: PAT dips 23%; details of dividend, NCDs, earnings here

Live Mint  

MP Birla Group's flagship company, Birla Corporation has registered a 23.4% drop in net profit to ₹85 crore in the fourth quarter for FY23, compared to a profit of ₹111 crore witnessed a year ago same quarter. If excluding Mukutban performance, the company's revenue stood at ₹2,370 crore up by 1.5% YoY, EBITDA at ₹338 crore down by 2.3%, and …

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