Kanoria Chemicals & Industries Limited
Share Price Target & Analysis

NSE:KANORICHEM

122.11

VWAP

122.65

Open

119.75

Close

123.30

High

120.70

Low

157.00

52 Week High

121.50
1.75 (1.46%)

KANORICHEM

(CHEMICALS)
37.7% Momentum

Turnaround Potential

100.00

52 Week Low

-

EPS

28.55

PE

0.83

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: KANORICHEM Share Price Financial Analysis & Valuation

Kanoria Chemicals & Industries Limited (KANORICHEM) is broadly categorized in CHEMICALS segment industry which deals in Chemicals vertical. It is one of Micro Cap company with Market Capitalization of Rs 664.6 (in Cr). Total number of free float shares are 4.4 (in Lacs). Kanoria Chemicals & Industries Limited is listed on NSE with Exchange ID - INE138C01024 and trading code is NSE:KANORICHEM with short name Kanoria Chem.

In the past 1 year, Kanoria Chemicals & Industries Limited has declared an equity dividend of Rs 1 per share. At the current share price of KANORICHEM at Rs 121.50, this results in a dividend yield of 0.82 %.

As per the Fundamental Analysis of NSE:KANORICHEM, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine KANORICHEM underlying value and future prospects. All of this data is available in KANORICHEM financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:KANORICHEM, it is clearly understood that KANORICHEM is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:KANORICHEM book value per share as of today is 146.58. The current price to book ratio for KANORICHEM as of May 23, 2024 is 0.83.

Valuation of the Stock: The current valuation of KANORICHEM stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of KANORICHEM whether to BUY this stock at current valuation. The delivery percentage of KANORICHEM is 59.30% is very crucial parameter which shows that 59.30% investors are anticipating that the price of KANORICHEM share should go up with VWAP at 122.11.

Now, the main question is whether to BUY or SELL, NSE:KANORICHEM at current valuation.
As per latest Analysis No. #270:-

STRONG BUY KANORICHEM if All Greens

BUY KANORICHEM (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD KANORICHEM (With Stop Loss) if only 1 Green

SELL KANORICHEM if NO Green Indicator

NSE: KANORICHEM Share Price Today (May 23, 2024)

(Kanoria Chemicals & Industries Limited Daily Analysis on the basis of KANORICHEM Intraday Graph & Trend)

Kanoria Chemicals & Industries Limited share price moved Up by 1.46% from its previous close of Rs 119.75. KANORICHEM stock last traded price is 121.50. KANORICHEM share price trend is Up with a total of 20454 stocks traded till now. It has touched an intraday high of Rs 123.30 and an intraday low of Rs 120.70. The KANORICHEM trading at 121.50, Up by Rs. 1.75, or 1.46 percent which suggests that most of the Traders are anticipating that the price of KANORICHEM share should go Up.

NSE: KANORICHEM Share Price Tomorrow Prediction

(Kanoria Chemicals & Industries Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of KANORICHEM)

Kanoria Chemicals & Industries Limited share price moved Up by 1.46%. KANORICHEM share price short term trend is Up. It suggests that KANORICHEM Share Price for Tomorrow remains the same with VWAP at 122.11 will be treated as stop loss for intraday traders. Kanoria Chemicals & Industries Limited Long term investors can follow the KANORICHEM long term trend as mentiond in future forecast table.

NSE Code

NSE: KANORICHEM

KANORICHEM Share Price Today

121.50

KANORICHEM Share Price Target Prediction for 2024 ^

104.8 - 136.4

KANORICHEM Share Price Target Prediction for 2025*^

136.4 - 141.9

KANORICHEM Share Price Target Prediction for 2026*^

141.9 - 149

KANORICHEM Share Price Target Prediction for 2027*^

156

KANORICHEM Share Price Target Prediction for 2028*^

158

KANORICHEM Share Price Target Prediction for 2030*^

171
KANORICHEM Current Book Value 2023
145.8

*Kanoria Chemicals & Industries Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^KANORICHEM share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

KANORICHEM Technical Analysis

Candlestick Pattern: @119.65

KANORICHEM Moving Averages

BUY (7) NEUTRAL (0) SELL (7)
MA Simple Action S1 Expo Action E2
MA_5 117.02 BUY 117.79 BUY
MA_12 118.22 BUY 118.39 BUY
MA_20 120.28 SELL 118.97 BUY
MA_32 120.56 SELL 119.54 BUY
MA_50 117.73 BUY 120.31 SELL
MA_100 123.57 SELL 122.19 SELL
MA_200 126.3 SELL 124.31 SELL

KANORICHEM Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 120.28 Downtrend
MACD -0.34 SELL
ADX 21.28 NO or Weak Trend
DMI (+/-) 18.58 / 18.03 Uptrend

KANORICHEM Momentum Oscillators

BUY (3) NEUTRAL (8) SELL (1)
Momentum Oscillators Value Action
RSI 50.95 Neutral
STOCHASTIC_K (Fast) 70.15 Neutral
STOCHASTIC_D (Slow) 64.29 Neutral
CCI 23.96 Neutral
PSAR 112.15 BUY
TRUE RANGE 6.15 Neutral
ATR 4.89 Neutral
WILLIAMS R -41.41 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 83.36 Overbought
MOMENTUM -6.85 SELL

KANORICHEM Last 1 Year Trend

Duration Value
1 Year 2.66%
3 Months -2.72%
1 Month -5.42%
1 Week 2.57%

KANORICHEM Technical Analysis Summary

Updated on 2024-05-18
Action Overall (%)
BUY 37%
NEUTRAL / HOLD 30%
SELL 33%

Most popular Questions & Answers about KANORICHEM


Kanoria Chemicals & Industries Limited stock last traded price is 121.50. KANORICHEM share price moved Up by 1.46% from its previous close of Rs 119.75.

Kanoria Chemicals & Industries Limited share price trend is Up with a total of 20454 stocks traded till now. It has touched an intraday high of Rs 158.57 and an intraday low of Rs 120.70. The KANORICHEM trading at 121.50, Up by Rs. 1.75, or 1.46 percent which suggests that most of the Traders are anticipating that the price of KANORICHEM share should go Up and the Stop Loss will be around 122.11.

The market cap of Kanoria Chemicals & Industries Limited is ₹664.6 (in Cr) as of May 22, 2024.

The current price to earning ratio for Kanoria Chemicals & Industries Limited as of May 22, 2024 is 28.55.

The current price to book ratio for Kanoria Chemicals & Industries Limited as of May 22, 2024 is 0.83.

The highest price of Kanoria Chemicals & Industries Limited stock is ₹157.00 in the last 52-week.

The lowest price of Kanoria Chemicals & Industries Limited stock is ₹100.00 in the last 52-week.

Kanoria Chemicals & Industries Limited share trading at ₹121.50, Up by Rs. 1.75, or 1.46 percent which suggests that most of the traders are anticipating that the price of KANORICHEM share should go Up.

In 2023, Stock price target for Kanoria Chemicals & Industries Limited (KANORICHEM) are ₹104.8 on downside and ₹136.4 on upside. Kanoria Chemicals & Industries Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Kanoria Chemicals & Industries Limited (KANORICHEM) are ₹136.4 on downside and ₹141.9 on upside. Kanoria Chemicals & Industries Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Kanoria Chemicals & Industries Limited (KANORICHEM) are ₹141.9 on downside and ₹149 on upside. Kanoria Chemicals & Industries Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Kanoria Chemicals & Industries Limited (KANORICHEM) will be around ₹158 Kanoria Chemicals & Industries Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of KANORICHEM.

As per the fundamental analysis of Kanoria Chemicals & Industries Limited (KANORICHEM), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Kanoria Chemicals & Industries Limited book value per share as of today is 146.58. The current price to book ratio for KANORICHEM as of May 23, 2024 is 0.83.


NSE:KANORICHEM News & Other Useful Information about KANORICHEM Share Price


Peer Comparison of NSE: KANORICHEM

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Chemicals

Company Price EPS BV
PIDILITIND 3011.75 35.38 139.76
MANORG 360.00 4.16 324.78
GANESHBE 152.70 7.88 49.38
UPL 511.20 16.11 100.32
INDOBORAX 172.00 12.35 79.4
AARTIIND 630.85 11.53 146
DEEPAKNTR 2344.05 31.78 216.62
ATUL 5968.50 130.62 1728.63
FLUOROCHEM 3170.20 38.12 539.16
TATACHEM 1084.45 35.17 735.01
Updated at: 23 May 2024 09:53

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