We believe in free, fair and credible journalism. itrade4profit daily @itrade4profit #FCL (Fineotex Chemical Limited) gave a return of 12.04% within 31 trading sessions. 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. Though Sold 6 lakh shares in July 2016. 10 to Rs. Fineotex Chemical Limited (BSE: 533333, NSE: FCL) (ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 certified) is a multinational company headquartered in Mumbai, India. Business Standard is happy to inform you of the launch of "Business Standard Premium Services". Fineotex Chemical Limited - Buyback Fineotex Chemical Limited has informed the Exchange about Buyback Fineotex Chemical has a D/E ratio of 0.02 which means that the … The consolidated sales of Fineotex Chemicals Limited (FCL) have increased from approx. Digital Editor. - Fineotex has been accredited by ISO 9001:20015, ISO 14001:2015, OHSAS 18001:2007 and SA 8000 (Social Accountability Management System) certification for … Fineotex Chemical rose 3.62% to Rs 31.50 after the company on Monday (27 July) said its board approved a proposal to buyback shares worth up to Rs … -Fineotex Chemical Limited came up with their first Buyback in 2017 - Fineotex has been awarded as the fastest growing company in chemical manufacturing sector by IPF at Bombay Stock Exchange. Board of Directors has approved a share buyback of 11 lacs shares up to a maximum price of Rs40 through a market scheme in which promoters will not participate. Your support through more subscriptions can help us practise the journalism to which we are committed. Company announced buyback in 2016 to buyback its fully paid-up equity shares of face value of Rs.2/- each from the Open Market through electronic trading mechanism of the Exchange. Fineotex Chemical Ltd. engages in the manufacture of chemicals for textiles, construction, water-treatment, fertilizer, leather and paint industry. (higher is better) Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Fineotex Chemical Limited has informed the Exchange regarding daily report pursuant to Regulation 15(i) of the Buyback Regulations regarding the equity shares bought-back on December 17, 2020. -Fineotex Chemical has splits its face value from Rs. 2 2017-Fineotex Chemical Limited came up with their first Buyback in 2017-Fineotex has been awarded as the fastest growing company in chemical manufacturing sector by IPF at Bombay Stock Exchange.- Fineotex Chemical will hold a meeting of the Board of Directors of the Company on 22 April... Apr 15, 2021 10:42 Fineotex Chemical to discuss results As a premium subscriber you get an across device unfettered access to a range of services which include: Welcome to the premium services of Business Standard brought to you courtesy FIS. Fineotex Chemical is engaged in the business of manufacturing and trading of chemicals. -Fineotex Chemical Limited came up with their first Buyback in 2017 - Fineotex has been awarded as the fastest growing company in chemical manufacturing sector by IPF at Bombay Stock Exchange. The buyback size represents 3 per cent of its paid equity capital.Fineotex Chemical is a Mumbai-based speciality chemical company. Fincotex Chemical Limited 1. Buyback Daily Disclosure 23 rd December 2020; Buyback Daily Disclosure 22 nd December 2020; Buyback Daily Disclosure 21 st December 2020; Buyback Daily Disclosure 18 th December 2020; Buyback Daily Disclosure 17 th December 2020; Buyback Daily Disclosure 16 th December 2020; Buyback Daily Disclosure 15 th December 2020; Buyback Daily Disclosure 14 th December 2020 BHARTIARTL 3.81%. Fineotex Chemical FCL share price targets . Since the buyback offer is open till January 11, 2021, the share price could still see a lot of movement. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed. Fineotex Chemical rose 3.62% to Rs 31.50 after the company on Monday (27 July) said its board approved a proposal to buyback shares worth up to Rs 4.40 crore at a price not exceeding Rs 40 per share. Enjoy Reading! By clicking "Accept all" you agree that Verizon Media and our partners will store and/or access information on your device through the use of cookies and similar technologies and process your personal data, to display personalised ads and content, for ad and content measurement, audience insights and product development. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. We wish to mentionthe highlights of FINEOTEX group: document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); As on 24 July 2020, the promoters and promoter group held 71.42% stake in the company. Information about your account, device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. We alsoproduce adhesives used in several industries like wood, paper etc. Fineotex has engaged in manufacturing of Speciality chemicals and Enzymes for Textile and Garment Industry, Water Treatment Industry, Leather Industry, Construction Industry, Paint Industry … The Maximum Buyback Price would not exceed Rs.40. Select 'Manage settings' to manage your choices. Exhibitions; Technical Sales Meet; Press Release ; Order Samples ; Global Presence ; Career Opportunity; Contact Us; Sustainability; Menu Buyback; Events. Fineotex Chemical rose 3.62% to Rs 31.50 after the company on Monday (27 July) said its board approved a proposal to buyback shares worth up to Rs 4.40 crore at a price not exceeding Rs 40 per share. Bo 2 Fy £9) ; 7 iSO 24003 35001 84 ago? ₹79.91 cr in 2012 to ₹182.33 cr in 2019, absolute growth of 128% or a CAGR of 12.5% over seven years. Team Business Standard, Mahindra Lifespace Q4 net loss narrows to Rs 28 cr, US stocks drop as inflation fears prompt tech sell-off, Happiest Mind Q4 PAT falls 14% QoQ to Rs 36 cr, Apollo Tyres Q4 PAT soars 269% YoY to Rs 287 cr, Pidilite Ind reports 96% YoY jump in Q4 PAT, Asian Paints Q4 PAT gallops 81% to Rs 870 cr, Coronavirus: Construction, transport, chemical manufacturing likely to be worst-affected, says report, Fineotex Chemical consolidated net profit rises 41.30% in the June 2020 quarter, Fineotex Chemical standalone net profit rises 47.79% in the December 2019 quarter, Fineotex Chemical reports consolidated net loss of Rs 6.31 crore in the March 2020 quarter, ABB to provide critical automation and safety system for Deccan Fine Chemical's facility in Tuni, AP, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). It also has its manufacturing facility in … Last Updated at July 28, 2020 14:16 IST. Levels of 79.08, 74.81, 69.54, 63.46, 49.67 are share price targets for Fineotex Chemical FCL Click here for weekly and monthly share price targets . Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. ), Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. Copyrights © 2021 Business Standard Private Ltd. All rights reserved. NTOC is gaining by 8% today beacuse of the news of it's share buyback. FINEOTEX CHEMICAL LTD Reports jump in Q3 FY18 PAT at Rs. Fineotex Chemical has a ROE of 7.5372907536976 % . We have reviewed the accompanying statement of Unaudited Standalone rwancial results (the "Statement") of Fineotex Chemical Limited (the "Company") for the quarter ended June 30, 2020, attached herewith, being submitted by the Company pursuant to the requirements of More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. The chemical manufacturer's consolidated net profit jumped 42.6% to Rs 8.20 crore on a 38.8% drop in net sales to Rs 30.39 crore in Q1 June 2020 over Q1 June 2019. On the technical front, the stock's RSI (relative strength index) stood at 59.024. MUTHOOTFIN -3.84%. Capital Market  FINEOTEX group is one of the leading manufacturers of Textile Chemicals & Auxiliariesfor construction, water-treatment, fertiliser, leather and paint industry. At the maximum buyback price and the maximum buyback size, the indicative maximum number of equity shares bought back would be 11 lakh equity shares, comprising approximately 0.99% of the total paid-up equity share capital of the company, as of 31 March 2019. The stock was trading above its 50-day moving average (DMA) placed at 27.82 and its 200-day moving average (DMA) placed at 25.79. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. Two Crores and twenty lakhs only) ("Minimum Buyback Size"). Fineotex over the years has built its … The announcement was made before market hours today, 28 July 2020. The company is also in midst of a buyback of the equity and this is the second such buyback in the last 3 years. The company has registered double-digit growth in almost all the years under analysis, with 29.2% YoY growth for 2018-2019. BUY call given on #FCL (Fineotex Chemical Limited) on 30 Dec 2020 at 66.05 hit the target of 74 on 12 Feb 2021. 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. Textile Chemicals & Auxiliariesin India. Kindly visit the Manage my subscription page to discover the benefits of this programme. What’s was the idea behind that ? As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Fineotex Chemical Limited.- Post Buyback Public Announcement; Jan 04, 2021: HSIL Limited - Post Buyback Public Announcement; Dec 24, 2020: IIFL Securities Limited - Public Announcement; Nov 26, 2020: Sreeleathers Limited - Public Announcement; Nov 12, 2020: Hindustan Petroleum Corporation Limited - Public Announcement; Oct 19, 2020 Fineotex Chemical: The Darkhorse of the speciality chemical industry Author: Digpu News Desk November 23, 2020 4 min read With a vision to be a leader in speciality textile chemicals in domestic as well as in the International market, the Fineotex Chemical group was set up in 1979 by Mr Surendra Tibrewala. Aarti Jhunjhunwala, Executive Director, Fineotex Chemical Limited. Its products include textile, agro, specialty and public health chemicals. Buyback Daily Disclosure 24 th January 2017; Buyback Daily Disclosure 23 rd January 2017; Buyback Daily Disclosure 19 th January 2017; Buyback Daily Disclosure 18 th January 2017; Buyback Daily Disclosure 16 th January 2017; Buyback Daily Disclosure 13 rd January 2017; Buyback Daily Disclosure 12 th January 2017; Buyback … Support quality journalism and subscribe to Business Standard. * Approved buyback of shares representing 4.78 percent of share capital Further company coverage: BRIEF-Fineotex Chemical approves buyback of shares | Reuters Discover Thomson Reuters (Formerly India Infoline Limited) Quote . Chemical Fineotex Chemical profits rise amid low sales, approves buy-back of equity shares. Read more about Fineotex Chemical rises after board OKs share buyback on Business Standard. #investing #NSE #StockMarket FINEOTEX® A Speciality Chemical Producing Public Listed Company "dep ey geek os of "BON Go.SE. Fineotex recently announced the buyback of the shares. The company was founded by Surendra Kumar Tibrewala on January 30, 2004 and is headquartered in Mumbai, India. Sales decline 38.79% to Rs 30.39 crore. Top Losers TECHM -4.30%. The RSI oscillates between zero and 100. Quote; News; Insurance; Mutual Funds; Commodities; NIFTY 7563.55 138.9 | SENSEX24870.69 401.12 (29-Jan-16 16:00) Markets Today Top Gainers TATAMOTORS 6.20%. Find out more about how we use your information in our Privacy Policy and Cookie Policy and change your choices at any time by visiting Your Privacy Controls. Fineotex Chemical has strong support or resistance at 27, 29, 31, 33, 35, 37, 40, 42, 45, 59, 62, 66, 70, 76 The current share price is 83.95. It is a tax-efficient method of distribution of profits to shareholders. Fineotex Chemical Limited.- Post Buyback Public Announcement Jan 04, 2021 | Buybacks : Open Market Through Stock Exchanges Wipro shares were trading at ₹386 as of 12 pm on December 29, up by 0.92%. By clicking "Reject all" you reject all non-essential cookies and similar technologies, but Verizon Media will continue to use essential cookies and similar technologies. Indian specialty chemical industry is likely to be a global manufacturing hub, a substitute to … CP). FINEOTEX CHEMICAL LTD. - 533333 - Board to consider Buyback of Shares by BSE India. We, however, have a request.

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