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AksharChem India Ltd. ( (IN:AKSHARCHEM) ) has shared an announcement.
AksharChem India Ltd. has received reaffirmed ratings from CARE Ratings for its bank facilities, reflecting the company’s experienced management, established market presence, and improved operating performance. Despite these strengths, the company faces challenges such as weak return indicators, moderate scale of operations, and exposure to raw material price volatility and foreign exchange fluctuations. The company’s future outlook remains stable, with potential growth in its silica business and a comfortable capital structure.
More about AksharChem India Ltd.
AksharChem India Ltd. operates in the chemical industry, primarily focusing on the production of dye intermediates and pigments. The company has a strong presence in export markets and maintains long-standing relationships with reputed international clients. It also has a growing focus on the precipitated silica business.
YTD Price Performance: -30.09%
Average Trading Volume: 965
Current Market Cap: 1.72B INR
See more data about AKSHARCHEM stock on TipRanks’ Stock Analysis page.