Shares of Alkyl Amines have jumped 35.65% in four trading days from its previous closing low of Rs 3827.40 on 31 December 2020. The counter hit a record high of Rs 5,603.20 in intraday today. From its 52-week low of Rs 1030 hit on 13 March 2020, the stock has soared 404%.

In last one month the stock has risen 31%, outperforming the S&P BSE SmallCap index which gained 8.29% in the same period.

The specialty chemical manufacturer's board will consider a stock split on 2 February 2021. On the same day, it will also consider the proposal for setting up of new project including Amines. The board will also announce Q3 December 2020 results on the same day.

On the technical front, the stock's RSI (relative strength index) stood at 85.59. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.

The stock was trading above its 50-day moving average (DMA) placed at 3666.61 and its 100-day moving average (DMA) placed at 3421.05.

Alkyl Amines Chemicals is a global supplier of amines and amine-based chemicals to the pharmaceutical, agrochemical, rubber chemical & water treatment industries, among others.

Net profit of Alkyl Amines Chemicals rose 21.49% to Rs 65.47 crore on 23.96% rise in net sales to Rs 291.27 crore in Q2 September 2020 over Q2 September 2019.

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Sheela Foam Ltd, Rail Vikas Nigam Ltd, Mangalore Refinery And Petrochemicals Ltd, Gujarat Fluorochemicals Ltd are among the other stocks to see a surge in volumes on NSE today, 05 January 2021.

Alkyl Amines Chemicals Ltd recorded volume of 8.08 lakh shares by 14:14 IST on NSE, a 12.4 times surge over two-week average daily volume of 65172 shares. The stock gained 17.00% to Rs.5,203.20. Volumes stood at 3.65 lakh shares in the last session.

Sheela Foam Ltd recorded volume of 2.26 lakh shares by 14:14 IST on NSE, a 11.89 times surge over two-week average daily volume of 18977 shares. The stock gained 3.69% to Rs.1,899.95. Volumes stood at 26263 shares in the last session.

Rail Vikas Nigam Ltd recorded volume of 811.93 lakh shares by 14:14 IST on NSE, a 10.12 times surge over two-week average daily volume of 80.19 lakh shares. The stock gained 16.22% to Rs.27.95. Volumes stood at 105.46 lakh shares in the last session.

Mangalore Refinery And Petrochemicals Ltd registered volume of 137.94 lakh shares by 14:14 IST on NSE, a 7.49 fold spurt over two-week average daily volume of 18.42 lakh shares. The stock rose 9.92% to Rs.39.90. Volumes stood at 17.43 lakh shares in the last session.

Gujarat Fluorochemicals Ltd witnessed volume of 4.65 lakh shares by 14:14 IST on NSE, a 5.95 times surge over two-week average daily volume of 78128 shares. The stock increased 3.48% to Rs.623.90. Volumes stood at 4.22 lakh shares in the last session.

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Sheela Foam Ltd, J B Chemicals & Pharmaceuticals Ltd, Tasty Bite Eatables Ltd, Rail Vikas Nigam Ltd are among the other stocks to see a surge in volumes on BSE today, 05 January 2021.

Alkyl Amines Chemicals Ltd clocked volume of 36627 shares by 10:48 IST on BSE, a 5.34 times surge over two-week average daily volume of 6853 shares. The stock gained 9.28% to Rs.4,863.90. Volumes stood at 32636 shares in the last session.

Sheela Foam Ltd witnessed volume of 2957 shares by 10:48 IST on BSE, a 4.81 times surge over two-week average daily volume of 614 shares. The stock increased 13.52% to Rs.2,079.25. Volumes stood at 1005 shares in the last session.

J B Chemicals & Pharmaceuticals Ltd witnessed volume of 22627 shares by 10:48 IST on BSE, a 3.99 times surge over two-week average daily volume of 5670 shares. The stock increased 0.98% to Rs.1,046.45. Volumes stood at 3079 shares in the last session.

Tasty Bite Eatables Ltd registered volume of 745 shares by 10:48 IST on BSE, a 2.87 fold spurt over two-week average daily volume of 260 shares. The stock rose 1.80% to Rs.11,755.05. Volumes stood at 572 shares in the last session.

Rail Vikas Nigam Ltd recorded volume of 35.45 lakh shares by 10:48 IST on BSE, a 2.87 times surge over two-week average daily volume of 12.36 lakh shares. The stock gained 6.44% to Rs.25.60. Volumes stood at 14.05 lakh shares in the last session.

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The Board of Alkyl Amines Chemicals will meet on 02 February 2021 to consider a proposal for sub-division of equity shares of the company, subject to approval ofshareholders.

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