Momentuminvesting5540

Indo Borax & Chemicals Ltd | A Momentum Stock

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NSE:INDOBORAX   INDO BORAX & CHEMICAL LTD
Indo Borax & Chemicals Ltd | A Momentum Stock
was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983.

Fundamentals: excellent

Market Cap =₹ 604 Cr. ROCE = 28.7 % ROE = 21.0 % Debt to equity =0.0

Promoter holding
=52.1 % Quick ratio =10.7 Current ratio=13.7

Piotroski score =9.0 Profit Var 3Yrs =44.1% Sales growth 3Years =25.0%

Return on assets = 19.6 %


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