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Fineotex Chemical Q3 Results Review: DRChoksey Maintains 'Buy' On The Stock, Sees 44% Upside — Here's Why
As the macro situation continues to be unstable, Fineotex Chemicals has managed to hold it’s own, says the brokerage.
18 Feb 2025, 06:07 PM IST 
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Fineotex is witnessing robust growth in oil and gas and water treatment segments, with a strong order pipeline expanding geographically.
(Photo source: freepik)
With the upcoming triggers expected from possibility of inorganic expansion, growth in textile segment, new sustainable products the brokerage rolls forward our valuation to FY27E with a price to earning of 22 times on an earnings per share Rs 16.6 to arrive at a target price of Rs 366/share.
