CMP: 42.7, P/E 26, P/Bv 4.55 ROE 16+ M.Cap 480 cr … Learn Quickly in 5 mins on how to make chartink.com scanner for Bullish engulfing candle stick pattern. Fineotex Chemical has a wide range of products and offers an entire range of Specialty … Fineotex Chemical has a D/E ratio of 0.02 which means that the company has low proportion of debt in its capital. private limited company under the Companies Act 1956, on January 30, We also for construction, textile and garments, leather and water treatment In 2011, Fineotex Chemical Ltd incorporated a Wholly Owned Subsidiary in Malaysia to continue the business in that region. Fineotex is the only textile chemical company in India which is listed on the Stock Exchange and many well-known investment houses are holding  a stake in Fineotex. Majority  of  revenues  are  coming  from  the  Textile  segment,  we undertake manufacturing of entire range of products for Pre treatment, Dyeing,  Printing  and  Finishing  process. The total volume of shares traded was 0.3 m. Overall, the benchmark S&P BSE SENSEX was at 48,832.0 (up 0.1%). 17 th Annual Report 2019 - 2020 ; 16 th Annual Report 2018 - 2019 ; 15 th Annual Report 2017 - 2018 ; 14 th Annual Report 2016 - 2017 ; 13 th Annual Report 2015 - 2016 ; 12 th Annual Report 2014 - 2015 ; 11 th Annual Report 2013 - 2014 ; 10 th Annual Report 2012 - 2013 ; 9 th Annual Report 2011 - 2012 ; 8 th Annual Report 2010 - 2011 During the year, Fineotex got ISO 9001:2000 from JAS-ANZ Certification. manufacturing company named ‘Biotex’ located in Malaysia as a JV with the company has acquired the business of Fineotex Chemical Industries, a Industries was engaged in the manufacturing of specialty chemicals for This expansion would help us tap the potential of the Textile and Garment Industry (right from Pre-treatment Chemicals to In 2011, Fineotex acquired major stake in a well-known European founded chemical #Streakscannerfree   #Algotrading   #Supereasy   #ZerodhaStreak   #Streakscanner Step by step video on explaining how to code bul... #ChartinkScanner    #LearnChartink .com #Intradayscanner #Stockscreener #Howtomake Step by step video on explaining how to code bulli... Price action Intraday strategy with Free stock screener and stock scanner. We don't recommend to trade directly on levels, instead use it for learning and take self decisions. Sadly, after that it has been a one way ride down for Fineotex. With bluesign and other sustainable certifications, BioTex is touching the global markets with its innovative products. 127, Bachchan’s holding is worth Rs. 8.65 crore. We wish to mention The Company manufactures over 400 specialty chemicals and enzymes to Textile, Garment, Construction, Leather, Agrochemicals, Adhesive and Water Treatment. yield of  0.23%, Fixed assets increased by 60% from 2015 to 2017 which shows active capacity expansion, Return on Capital employed is very good at, Market Cap to sales is at little higher side at 2.97 which is a sign of undervalued, Market cap to sales is little higher for a Micro cap so will take time for immediate stock price appreciation, Only for patience investors, who can keep a track of company earnings, Stock P/e and P/bv is although at median but little higher for a micro cap company, Company increasing share capital YoY although the same is using for expansion but ratio proportionality is good. 353 on 28th June 2011, giving the IPO subscribers a multi-bagger within just a few weeks. Setting up this project would be a step towards expansion of Fineotex Chemical The main competitive advantage includes: •    High Entry Barriers •    Sticky Customer Profile •    Customer doesn’t focus on pricing but on reliability & technical superiority .•    The Fineotex brand is well established since 3 decades and knownfor its superior quality •    Network of 68 distributors pan-India, offering higher returns to them to ensure better market share •    Products catering to the entire value chain in textile manufacturing process •    Products are unique & efficient concentrated products with low dosage, transport and storage costs. Industry etc. Our group MOTO is to Guide novice investors and Enlighten the beginners off share market world. Fineotex came out with an IPO in Feb 2011 at the price of Rs. 353. crore only and acquired all assets and liabilities related to the Due to a recent selloff in smallcap and midcaps, Fineotex Chemicals has corrected by almost 30 per cent in last one month. It is listed on the Bombay Stock Exchange and the National Stock Exchange. 72 per share and soared to a high of Rs. 25-30 crore. finishing products), Leather Industry, Agrochemical Industry, Paper AwesomeBaught 100 @ 45Double in few days. Fineotex Chemical has a ROE of 7.5372907536976 % . produce adhesives used in several industries like wood, paper etc. The issue, comprising of 37.50% of the company's post issue paid-up capital, closes on 25 th February 2011.. We are Individuals; not SEBI registered. Due to a recent selloff in smallcap and midcaps, this stock has corrected by almost 30 per cent in last one month. Increased focus on specialty chemical to boost operating margin: Fineotex Chemical Limited (FCl) has posted consolidated revenue growth at CAGR of 8.0% over the period of FY12-16. 2004 in the State of Maharashtra and its constitution. by Chanakya Teja on Tuesday, December 19, 2017 in Chemicals Sec , Fundamental Calls , Long-Term , Multibaggers , Positional. FCL: Fineotex Chemical Ltd, Specialty Chemicals. Amitabh Bachchan’s other experimental stock also did not do well. the highlights of FINEOTEX group: 's only". “Analysis” series is an attempt to share with all the readers, our inputs to the company analysis submitted by readers on the “Ask Your Queries” section of our website. Fineotex Chemical Limited is a Public Listed Multinational company and recognized as a world-class specialty textile chemicals and sustainable solutions producer, headquartered in … Founded by Europeans with plants in Malaysia & commissioned in 2002 with French technology. It has been recognized as 'Star Export House'. Fineotex has been accredited with a number of accolades from various well-known institutes, and has been recognized amongst the 25 Fastest growing Chemical Companies of India by a well renowned, The CEO Magazine June 2018 and voted as The Fastest Growing Company in the Chemical Manufacturing Sector by IPF at Bombay Stock Exchange (BSE) on December 20, 2017.​. 10 each of Fineotex Chemical Limited. At the CMP of Rs. FINEOTEX CHEMICAL LTD Reports jump in Q3 FY18 PAT at Rs. On the NSE, FINEOTEX CHEMICAL last traded price was up 1.7% to Rs 63.5. Fineotex Chemical has entered the capital market on 23 rd February 2011 with a public issue of 42.11 lakh equity shares of Rs.10 each, in the price band of Rs. Fineotex Chemical Limited is a multinational company headquartered in Mumbai, India. It services a customer base which is in a way sticky, it doesn’t move to any other chemical manufacturer so easily. Bandra (west), Mumbai - 400 050, India. Industry, Paint Industry, Construction chemicals, Wood and Sticker The company acquired the industry. The company has acquired the business of Fineotex Chemical Industries, a proprietorship concern of Surendra Kumar Tibrewala, which was set up in the year 1995 at Mahape, MIDC in Navi Mumbai. I just want to let you know that I just check out your site and I find it very interesting and informative. Fineotex Chemical Limited is a Public Listed Multinational company and recognized as a world-class specialty ​textile ​chemicals and sustainable solutions producer, headquartered in Mumbai, India since 1979. increasing demand of the specialty chemicals in the above industries. 72 per share, aiming to raise Rs. (higher is better) Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. and around Khopoli in Maharashtra and to set up a sales office at ️those who think equities are wealth creators in long term & when sale period is on one should do some shopping.this is the… I can't wait to read lots of your posts. Mumbai. | Career Opportunity, Strong Balance Sheet, Zero Debt, High ROCE & ROE, Consistent Dividend Paying, Speciality Oil based drilling fluid chemicals, ISO 9001:2015, ISO 14001:2004 and OHSAS 18001:2007 certified Public Listed Company. The 7) Fineotex Chemicals: The chemical stocks are doing pretty well and this one has also given very good returns of late. Fineotex is the only textile chemical company in India to be Listed on the Stock Exchange and well known celebrity Mr. Amitabh Bachchan was holding approx 5% stake in Fineotex since 2011. In this video you will get FINEOTEX CHEMICAL LIMITED share fundamental and technical analysis, Brief detail about company's future plans. business of Fineotex Chemical Industries by executing the deed of for construction, water-treatment, fertiliser, leather and paint industry. Fineotex Chemicals came out with an IPO in Feb 2011 at the price of Rs. (+91 -22) 26559174-75-76-77. Research Report Management Note Fineotex March 2021 Prabhudas Lilladher; ICICI Management Note on Fineotex 23 March 2018 ; Research Report Management Note Fineotex 29 December 2017; Techno Funda Multibagger Micro Cap 18 December 2017; Karvy Report on Fineotex: 22 February 2017; Karvy Report on Fineotex: 24 November 2016 With Bluesign and other sustainable certifications, BioTex is touching the global markets with its innovative products, (+91 - 22) 26559174 / 75 ... FINEOTEX CHEMICALS LTD.: Zero debt, dividend-paying specialty chemicals company with a clientele in more than 30 countries. chemicals and enzymes. Check out this free list here. The plants of Fineotex are located in Navi Mumbai and Selangor in Malaysia. The stock is now available at quite an attractive valuation. Due to the commoditization of  existing  textile  chemicals,  major  players  as  well  as  a  few  scaled  up Indian  players, As company is very confident about their new product AQUASTRIKE, its receipt and competetive advantage to be obsereved, Company looking for diversification in complete offset, need to observe the efficiency, Less competitive advantage on their core products of Textile sector. It also manufactured various value added specialty Promoted If you decide to trade Fineotex Chemical, use the lowest-cost* platform that is rated #1 Overall by Barron’s, Interactive Brokers . Fineotex Chemicals, engaged in manufacturing specialty chemicals and enzyme for various industries, has filed its DRHP on 5 TH March, 2008 with SEBI for entering the capital market with a public issue of 42.11 lakh equity shares of Rs 10 each at a price to be decide through the 100% book building process. BioTex innovates and specialises in high end speciality finishing ​textile ​chemicals like water and oil repellents, antimicrobials etc for textile and military wear and great presence in other segments for paints, public utilities. préstamos entre particulares, Fineotex Chemical Limited (FCL) was incorporated as a The current section of the “Analysis” series covers Fineotex Chemical Ltd, an Indian company manufacturing specialty chemicals primarily for the textile industry. He had high hopes from Fineotex Chemical in which he holds 5,55,452 shares comprising 4.95% of the total equity. BioTex innovates and specialises in high end speciality finishing ​textile ​chemicals like water and oil repellents, antimicrobials etc for textile and military wear and great presence in other segments for paints, public utilities. Better Group of Individuals willing to help an Individul to form Best Group. Fineotex has 105 distributors in India, number of customers worldwide and also well-known corporate. Since then, the stock has risen 283% in a bearish market. 72 per share. By considering the company strong financials,  Its cash surplus, efforts for diversification, promoters confidence in increasing share YoY, new innovative products, threats and opportunities, FCL Fineotex Chemicals looking like a Potential Multi bagger for Long-Term Perspective. " Fineotex Chemical Limited engaged in manufacturing of Speciality chemicals, Enzymes for Textile and Garment Industry, Water Treatment Industry, Leather Industry, Construction Industry, Paint Industry Agrochemicals, Adhesives and others. Fineotex has numerous corporates customers from many industries like Textile & Garment, Public Utility, Home and Personal Care, , Water Treatment, Leather, Agrochemical, and Paper & Adhesives, In 2011, Fineotex got into a Joint Venture with BT BioTex Malaysia which is a world-class specialty ​textile ​chemicals and sustainable solutions producer Group. Click on below link for more information. Fineotex has engaged in manufacturing of Specialty textile chemicals and Enzymes for Textile and Garment Industry, for Public Utility , Home and Personal Care,  Water Treatment Industry Agrochemicals, Adhesives and others. FINEOTEX CHEMICAL Share Price Today: FINEOTEX CHEMICAL last traded price was up 1.5% to Rs 63.7 on the BSE. Fineotex is accredited with ISO 9001:2015, ISO 14001:2015, GMP and OHSAS 18001:2007 certified and has been ranked amongst India's Top 1000 Companies by National Stock Exchange of India. European partner. https://youtu.be/ OVCshWJHsSY 3 Coiling bar or Inside ... #Optionstrading #Optionsbuying #Nooptionsselling #Limitedriskstrategy #parttimetrading Hello Reader,   Welcome to Option Buying: Strate... FCL Fineotex Chemical : Multibagger in making, Micro Cap, Better Group of Individuals willing to help an Individul to form Best Group, Wednesday, 3 January 2018 at 12:58:00 GMT+5:30, Friday, 10 July 2020 at 16:34:00 GMT+5:30, 1 Super easy skill way to make Zerodha streak scanner free. FINEOTEX group is one of the leading manufacturers of Textile Chemicals & Auxiliaries Fineotex, which makes speciality chemicals, listed its shares in March 2011 with an offer price of Rs 70. manufacturing of specialty chemicals and enzymes business. 12/20/2017 FCL Fineotex Chemical : Multibagger in making, Micro Cap - Techno-Funda.com http://www.techno-funda.com/2017/12/fcl-fineotex-chemical-multibagger-in.html# 2/6. 7.92 crores NET INCOME of Rs.27.67 crores during the period ended December 31, 2017 as compared to Rs.21.03 crores during the period ended December 31, 2016. An ISO 9001:2015, ISO 14001:2004 and OHSAS 18001:2007 certified Public Listed Company. In March 2011, the company went public as a Fineotex Chemical Limited. producing 43,000 ton of ​textile chemicals and speciality chemicals and supplying to over 60 countries. Fineotex ChemicalChemicals companyFineotex Chemical Limited is a multinational company headquartered in Mumbai, India. FCL Fineotex Chemical : Multibagger in making, Micro Cap. specialty chemicals and enzymes with a capacity of 13,125 MT/annum in Fineotex Chemical Limited. Posted By: michael 2 Comments Asian Granito, Dalmia Bharat, Edelweiss, Fineotex Chemical, Mehraboon Irani, Motherson Sumi, Multibagger Stocks, Quess Corp, Ruchira Papers, Sterlite Technologies. 3 Coiling Inside Bar pure Price action Intraday strategy with free scanner and stock screener. In 2015, Fineotex was recognized as Star Export House by Directorate General of Foreign Trade, Ministry of Commerce and Industry. Fineotex Chemical was recommended by Mehraboon Irani as a multibagger on the basis that it is one of India’s largest textile chemical manufacturer which provides customised solutions to the entire gamut of activities in the textile sector. On the first day of listing, the stock had surged 101% to close at 140.90. The stocks are fail-safe and have the potential to shower multibagger gains upon us Track record of stocks recommended by CNBC TV18’s stock wizards for 2017 First, we have to perform the ritual of checking the performance of the seventeen stocks recommended by the wizards for 2017 . future growth companies & few can give multibaggers returns ️quality stocks with future growth available at 24 month lows and too at almost 60% to 75% discount from there 24 months high. The company 10 MULTIBAGGER STOCKS FOR YEAR 2018. Just Dial is another racy and new-age high-technology stock that one would never associate with Amitabh Bachchan. Fineotex Chemical Industries was allotted 30, 00,000 equity shares of Rs 7) Fineotex Chemical :- 38.35 to 76.05 :- 100% ( 2 Bagger) Some of the recommended stocks which can easily accommodated in this list within short time 1) HOEC :- 9 0% till now 2) Automobile corporation of Goa :- 70% till now 3) AVT Natural :- 9 0% till now 4) Bigbloc Construction :- 80% till now 5) Aksh Optifibre :- 40% till now Worst Performer :- proposes to set up a manufacturing facility for the production of 1) KEI INDUSTRIES: Government`s theme of electricity for all. The  Company  has  a  global  presence  across  33  counties  and  caters to  well  known  companies  in  India  and  overseas. Fineotex Chemicals is now available at quite an attractive valuation. The issue will constitute 37.50% of the post issue paid-up capital of the company. 60 to Rs. HUVR offers amongst the most visibility (~18% CAGR over FY19-21E) in the FMCG-staples packs with multiple drivers for growth over FY20E/21E. Fineotex Chemicals is a 100% debt free 41 years old company promoted by Tibrewala family. Assignment dated April 1, 2007 for a lump sum cash consideration of Rs 3 (+91 -22) 26559178. info@fineotex.com. Fineotex has engaged in manufacturing of Speciality chemicals and Enzymes for Textile and Garment Industry, Water Treatment Industry, Leather Industry, Construction Industry, Paint Industry Agrochemicals, Adhesives and others. proprietorship concern of Surendra Kumar Tibrewala, which was set up in 42, 43 Manorama Chambers, S. V. Road. Options buying - Part time Trading, Day 23, Oct' 19 Series, 01.10.2019; Strategy Testing; Sales Growth: TTM 7%, 3 Yrs 12%, 5 Yrs 18%, 10 Yrs 11%, PAT Growth: TTM 16%, 3 Yrs 40%,5 Yrs 25%, 10 Yrs 17%, ROE% : TTM 16%, 3 Yrs 16%, 5 Yrs 14%, 10 Yrs 14%, Stock is at 26 PE which is median among peers, Company is a regular dividend paying with div. (7) Fineotex Chemicals: Chemical stocks are doing pretty well and Fineotex Chemicals has also given very good returns of late. Fineotex Chemical has a wide range of products and offers an entire range of ​the ​Specialty​ ​textile chemicals used in Textiles & Garments Processing namely the Printing, Pre-treatment, Dyeing and Finishing Process. Fineotex Chemical ltd. (Fcl) Stock/Share available at best bottom level after market correction || Review & Strategy | may give 1000% returns. Which is 150% Multibagger return on the stock. All the 12 stocks are well known names and have given multibagger returns to investors in the past >>Click here to read the list of these stocks << HUL | Target Price: Rs 2,135. Fineotex has a technology Joint Venture with BT BioTex Malaysia which is a world-class specialty chemicals and sustainable solutions producer Group. current business i.e. Blog gives ideas calls on Intraday, short term, long term, technical and fundamental analysis, finally multi baggers, About Chanakya Teja Mehraboon Irani of Nirmal Bang is a leading expert in the stock market. Founded by Europeans with plants in Malaysia & commissioned in 2002 with French technology. 1995: Incorporation of Fineotex Chemical Industries (FCI), 2003: FCI received ISO 9001:2000 from JAS-ANZ Certification, 2003: Registered Trademark for ‘FINEOTEX’, 2004: Incorporation of Fineotex Chemical Private Limited, 2007: Acquisition of business of Fineotex Chemical Industries by Fineotex Chemical Private Limited, 2007: Converted to Public Limited Company, 2007: FCL received ISO 9001:2000 from JAS-ANZ Certification. While Fineotex Chemical may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Fineotex Chemicals is also a mind-blowing multibagger with a 732% YOY return. Posted By: michael 2 Comments Asian Granito, Dalmia Bharat, Edelweiss, Fineotex Chemical, Mehraboon Irani, Motherson Sumi, Multibagger Stocks, Quess Corp, Ruchira Papers, Sterlite Technologies Mehraboon Irani of Nirmal Bang is a leading expert in the stock market. The  Company  has received Star Export House recognition with its increase in exports. Unlike other IPO stocks which languished, it soared to a high of Rs. Pursuant to this deed of assignment, the proprietor of Though Sold 6 lakh shares in July 2016. Company do not foresee any major shifts in the near future. (+91 - 22) 26559176 / 77, 42, 43 Manorama Chambers, S. V. Road Bandra (West), Mumbai - 400 050, India, © 2020 FCL All Rights Reserved | Sitemap Thanks for posting this info. the year 1995 at Mahape, MIDC in Navi Mumbai.