/ Adi Rasayan Hits 52-Week High Finds All Buyers ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 4 January 2017


Adi Rasayan, which represents the chemical sector, on Jan 4 has hit its 52 week high. The stock of the company is closed for trading as it has reached upper circuit early in the session.

The stock which previously closed at 17.05; opened at Rs 20.45, up by 19.94%, and this is due to a spurt in volumes. Adi Rasayan has outperformed the BSE Small-cap index and the Nifty Commodity index in the last one year. In the last five years, the stock has given a return of 11.44%. In the same time period BSE Small-cap index has given a return of 16.70%.

Sudarshan Chemicals and Clariant Chemicals are the major competitors of the company. The market cap of Adi Rasayan is restricted to 0.67 crore; whereas Clariant Chemicals and Sudarshan Chemicals have a market cap of Rs 1645.73 crore and 2301.81 crore, respectively.
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