(BSE Code: 524370) (CMP: Rs.119.15) (FV: Rs.2)
Bodal Chemicals Ltd manufactures and exports Dyes Intermediate, Dyestuff and Sulphuric Acid. During H1FY19, it reported 57% higher PAT of Rs.83.46 crore on 32% higher sales of Rs.744.93 crore. The stock trades at a P/E of just 9.53x. Based on its strong performance and attractive valuations, we recommend this stock for a price target of Rs.175.