Alkyl Amines Chemicals Ltd Share Price – NSE  /  BSE

Chemicals, Small Cap

Alkyl Amines Chemicals will hold a meeting of the Board of Directors of the Company on 9 May 2024.

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Profit before tax in Q3 FY24 stood at Rs 46.33 crore, down by 26.04% from Rs 62.64 crore in Q3 FY23.

Total expenses during the quarter reduced 15.12% YoY to Rs 280.34 crore, due to lower raw material costs (down 18.01% YoY) and other expenses (down 27.3% YoY).

Meanwhile, the company informed that its new ethyl amines plant at Kurkumbh site in Maharashtra is fully operational now. Hence, in order to meet the growing demand for its products, the old Ethyl Amines production facility shall be utilised for manufacturing of methyl amines, thereby enhancing the production capacity of methyl amines.

Alkyl Amines Chemicals is a global supplier of aliphatic amines, specialty amines and amine derivatives to the pharmaceutical, agrochemical, water treatment, rubber chemical and a variety of industries.

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Net profit of Alkyl Amines Chemicals declined 26.85% to Rs 33.43 crore in the quarter ended December 2023 as against Rs 45.70 crore during the previous quarter ended December 2022. Sales declined 17.08% to Rs 322.05 crore in the quarter ended December 2023 as against Rs 388.40 crore during the previous quarter ended December 2022.

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Gujarat Alkalies & Chemicals Ltd, Mazagon Dock Shipbuilders Ltd, Balaji Amines Ltd, Mahindra Lifespace Developers Ltd are among the other stocks to see a surge in volumes on NSE today, 26 December 2023.

Alkyl Amines Chemicals Ltd witnessed volume of 6.03 lakh shares by 14:14 IST on NSE, a 9.68 times surge over two-week average daily volume of 62310 shares. The stock increased 8.51% to Rs.2,501.00. Volumes stood at 39393 shares in the last session.

Gujarat Alkalies & Chemicals Ltd recorded volume of 7.84 lakh shares by 14:14 IST on NSE, a 6.22 times surge over two-week average daily volume of 1.26 lakh shares. The stock gained 5.22% to Rs.790.70. Volumes stood at 2.42 lakh shares in the last session.

Mazagon Dock Shipbuilders Ltd recorded volume of 73.96 lakh shares by 14:14 IST on NSE, a 6.2 times surge over two-week average daily volume of 11.92 lakh shares. The stock gained 7.21% to Rs.2,274.35. Volumes stood at 6.37 lakh shares in the last session.

Balaji Amines Ltd witnessed volume of 9.3 lakh shares by 14:14 IST on NSE, a 5.53 times surge over two-week average daily volume of 1.68 lakh shares. The stock increased 7.35% to Rs.2,539.00. Volumes stood at 67027 shares in the last session.

Mahindra Lifespace Developers Ltd registered volume of 13.01 lakh shares by 14:14 IST on NSE, a 5.17 fold spurt over two-week average daily volume of 2.52 lakh shares. The stock rose 1.79% to Rs.541.90. Volumes stood at 1.06 lakh shares in the last session.

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