Camlin Fine Chemicals shares rise 17.12 percent


Camlin Fine Chemicals shares rise 17.12 percent
Bangalore: Camlin Fine Chemicals stock was among the top gainers after its price went up by 17 percent. After opening the day at 120.15, the stock touched its 52 week high of 135.65, before closing trade at 113.05, with a gain of 17.12 percent. Through the day, 1,94,583 Camlin Fine shares were traded in the market with the current P/E ratio of the stock at 17.96. The 52 week stock price chart is on the left. Camlin Fine Chemicals is an India-based company engaged in the manufacture of fine chemicals. The Company is a manufacturer of active pharmaceutical ingredients (API's), food antioxidants and sweeteners. The Company operates in two business divisions: Food Ingredients Division and Industrial products Division. The Company has developed a product for natural freshness preservation of fresh fruits and vegetables. It is a manufacturer and exporter of food antioxidants, such as TBHQ and BHA to more than 45 countries worldwide. Dulcette Technologies, LLC is joint venture company in the United States, primarily to focus on marketing of Company's products in North America. Currently, 5 analysts are following the stock. 3 out of them are recommending to hold the stock. According to consensus recommendation, the stock will outperform.