Shree Hari Chemicals Export Sees Shift to Bullish Outlook Amid Strong Sales Growth

Apr 16 2025 08:03 AM IST
share
Share Via
Shree Hari Chemicals Export has recently experienced a change in its evaluation, reflecting a shift in technical trends. The company reported a significant increase in net sales for the latest quarter, reaching Rs 39.02 crore, and a notable rise in profit after tax for the nine-month period.
Shree Hari Chemicals Export, a microcap player in the chemicals industry, has recently undergone an adjustment in its evaluation. This revision reflects a shift in the technical trend, which has transitioned from a mildly bullish stance to a bullish outlook.

The company's performance indicators reveal a notable trajectory, with a significant increase in net sales for the latest quarter, reaching the highest level at Rs 39.02 crore. Additionally, the profit after tax (PAT) for the nine-month period has shown substantial growth, standing at Rs 5.08 crore, which marks an impressive increase compared to previous periods.

In terms of technical metrics, various indicators such as the MACD and Bollinger Bands suggest a favorable technical environment for the stock. The stock's return over the past year has been remarkable, generating a return of 97.95%, significantly outperforming broader market indices.

Despite these positive trends, the company faces challenges with its long-term fundamental strength, particularly regarding its return on capital employed and debt servicing capabilities.

For more insights on Shree Hari Chemicals Export and its financial trend performance, you can Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News