We are glad to inform you that Camlin Fine Sciences today has made its life time high of Rs. 129 and is currently trading at Rs. 126, up by 13% on NSE. Recently, we released article on Camlin Fine Sciences - Our 18-Bagger Stock and informed our members to continue holding this stock in their portfolio considering strong YoY sales and profitability growth. As on date, Camlin Fine Chemicals is giving whopping 1975% returns and turns to be a 20-Bagger stock today for our Hidden Gems members who invested in stock almost 4 years back.
Our equity analysts published Hidden Gem - March 2011 research report on Camlin Fine Chemicals (BSE Code: 532834) and shared it with all Hidden Gems members. Research report was published almost 4 years back on 27th Mar'11 and Buy was recommended on Camlin Fine Chemicals Ltd at price of Rs. 6.05 (adjusted stock split price, actual recommend price was Rs. 60.50). It gives us immense pleasure to share that Camlin Fine Chemicals turns to be a 20-Bagger stock for our Hidden Gems members giving whopping returns of 1975% since March 2011.
Today, major indices are down by almost 2% as Greek crisis deepens, however Camlin Fine Sciences is firing on all cylinders. Stock has gained more than 20% in last 2 trading sessions and made all time high of Rs. 129 today, currently stock is trading at Rs. 126, up by 13% on NSE. Company has declared its march quarter results on 13th May'15, net profit of Camlin Fine Sciences rose 147.65% to Rs 8.42 crore in the quarter ended March 2015 as against Rs 3.40 crore during the previous quarter ended March 2014. Sales rose 21.63% to Rs 134.52 crore in the quarter ended March 2015 as against Rs 110.60 crore during the previous quarter ended March 2014.
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Camlin the corporate group was established in 1931 and is a pioneer in art & stationery material in
A] FOOD INGREDIENTS
C} ACTIVE PHARMACEUTICAL INGREDIENTS
The research and development is equipped with comprehensive and updated instrumentation for conducting quality analysis, stability studies. It is equipped to conduct application studies on stability index of edible oils and Biodiesel.
The kilo lab facility is installed in the laboratory to bridge the gap between laboratory and pilot plant. The pilot plant at Tarapur is designed for scale up and development of new products and processes, as well as commercial manufacture to support small volume requirement of customers.
i) Camlin Fine Chemical Ltd closes deal for acquiring Borregaard – March 09, 2011.
Camlin Fine Chemicals Ltd has closed the deal on March 09, 2011 for acquiring
Borregaard, Italy S.p.A. is one of the five global producers of Hydroquinone, which is the key raw material for the Company's major product, due to the this acquisition the Company shall have assured & steady supply of key raw material which at times remains in short supply in the global market.
ii) Camlin Fine Chemical’s board approves to form a subsidiary company in UAE – November 22, 2010
The board of Camlin Fine Chemicals in its meeting on 22 November 2010 has approved proposal for acquisition of an Italian company manufacturing fine chemicals through its wholly owned subsidiary to be set up in
iii) Camlin Fine Chemical’s board approves scheme of merger - October 11, 2010
The board of Camlin Fine Chemicals in its meeting on 11 October 2010 has approved the merger of Sangam Laboratories, a wholly owned subsidiary with the company subject to all necessary statutory approvals
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