Wednesday, April 15, 2020

Galaxy Surfactants Ltd : Update

Galaxy Surfactants is engaged in manufacturing of surfactants and other speciality ingredients for the personal care and home care industries. Its products find application in a host of consumercentric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products . Galaxy Surfactants has closed at Rs.1249.55 on 15.04.2020 with a gain of +2.8%. Cos is now Trading at X2.1 of its valuations ( last 4Quaters earnings considered here ). It is valued at X1.18 of earnings FY2021 and X1.01 of its FY2022 earnings.
Why On Focus : Promoter Group has increased stake.
Disclaimer : We are / may going to take exposure shortly.
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