The share price of the company was Rs 123.95 as on 22 June 2020, which has increased to Rs 1,362.25 as on 17 June 2022. That is, this stock has gained 1000%. Ashish Kacholia is one of the investors in Vishnu Chemical and had invested in the company since December 2015. At present, he holds 5 lakh shares in Vishnu Chemicals, which is equivalent to a share of 4.19%.
The company’s top line has grown from Rs 156 crore to Rs 334 crore in the last 8 quarters (from March 2020 to March 2022), showing a growth of over 110 per cent. Also the bottom line has increased from Rs 5 crore to Rs 29 crore, showing a growth of 480%.
The company has been continuously improving the debt-to-equity ratio, which is good news in the current era of fast-rising rates. The interest coverage ratio of the company is 5 times. In FY22, the company has reported an ROE of 29.40% and an ROCE of 28.65%. At 10:22 am, the shares of Vishnu Chemicals Limited were trading at Rs 1407.
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