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INDOBORAX
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- 1M
- 6M
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Recent events
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News
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Corporate Actions
Indo Borax And Chemicals Gets Consent To Operate Permission For Madhya Pradesh Plant
Nov 13 (Reuters) - Indo Borax and Chemicals Ltd IBCH.NS:
CO RECEIVED CONSENT TO OPERATE PERMISSION FROM MADHYA PRADESH FOR NEW PLANT
Source text for Eikon: ID:nBSE4cMy5g
Further company coverage: IBCH.NS
(([email protected];))
Nov 13 (Reuters) - Indo Borax and Chemicals Ltd IBCH.NS:
CO RECEIVED CONSENT TO OPERATE PERMISSION FROM MADHYA PRADESH FOR NEW PLANT
Source text for Eikon: ID:nBSE4cMy5g
Further company coverage: IBCH.NS
(([email protected];))
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Popular questions
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What does Indo Borax & Chem. do?
Indo Borax & Chemicals Limited operates a modern Boric Acid and Borax plant in Madhya Pradesh, focusing on the production of Boron products including pharmaceutical grade materials.
Who are the competitors of Indo Borax & Chem.?
Indo Borax & Chem. major competitors are A-1, Sunshield Chemicals, Evexia Lifecare, Naperol Investments, Vinyl Chemicals, Andhra Petrochem, Black Rose Inds.. Market Cap of Indo Borax & Chem. is ₹624 Crs. While the median market cap of its peers are ₹550 Crs.
Is Indo Borax & Chem. financially stable compared to its competitors?
Indo Borax & Chem. seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Indo Borax & Chem. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Indo Borax & Chem. latest dividend payout ratio is 8.23% and 3yr average dividend payout ratio is 7.69%
How has Indo Borax & Chem. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Indo Borax & Chem. balance sheet?
Balance sheet of Indo Borax & Chem. is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Indo Borax & Chem. improving?
The profit is oscillating. The profit of Indo Borax & Chem. is ₹43.71 Crs for TTM, ₹38.98 Crs for Mar 2024 and ₹51.11 Crs for Mar 2023.
Is the debt of Indo Borax & Chem. increasing or decreasing?
Yes, The debt of Indo Borax & Chem. is increasing. Latest debt of Indo Borax & Chem. is -₹110.52 Crs as of Sep-24. This is greater than Mar-24 when it was -₹240.71 Crs.
Is Indo Borax & Chem. stock expensive?
Yes, Indo Borax & Chem. is expensive. Latest PE of Indo Borax & Chem. is 14.27, while 3 year average PE is 11.56. Also latest EV/EBITDA of Indo Borax & Chem. is 10.87 while 3yr average is 8.23.
Has the share price of Indo Borax & Chem. grown faster than its competition?
Indo Borax & Chem. has given better returns compared to its competitors. Indo Borax & Chem. has grown at ~30.11% over the last 6yrs while peers have grown at a median rate of 15.11%
Is the promoter bullish about Indo Borax & Chem.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Indo Borax & Chem. is 50.8% and last quarter promoter holding is 50.8%.
Are mutual funds buying/selling Indo Borax & Chem.?
There is Insufficient data to gauge this.