Vinyl Chemical produces a specialty chemical and it is in the line of Chemical based company. Vinyl Chemical has the Market Capitalization of Rs 280 Crores.
Vinyl Chemical Sales sale in March Quarter 2021 rises to Rs 165.96 as compared to the December 2020 where it stands up to Rs 126.69 crores. Vinyl Chemical Operating Profit in March Quarter 2021 declined to Rs 4.27 as compared to the December 2020 where it stands up to Rs 6.06 crores. Vinyl Chemical Profit Before Tax in March Quarter 2021 declined to Rs 5.17 as compared to the December 2020 where it stands up to Rs 6.48 crores. Vinyl Chemical Net Profit in March Quarter 2021 declined to Rs 3.87 as compared to the December 2020 where it stands up to Rs 4.83 crores. Vinyl Chemical EPS (Earning Per Share) in March Quarter 2021 declined to Rs 2.11 as compared to the December 2020 where it stands up to 2.63.
Overall the company Sales, Operating Profit, Profit Before Tax (PBT), Net Profit sometimes increases and decreases in the quarter. As in this Quarter Sales has increased but Profit, Profit Before Tax (PBT), Net Profit has decreased comparing to its previous quarters.
We would not recommend the stock to hold for the longer period of time.
At this time there is a SELL call on the Vinyl Chemical with the Target of Rs 140.