Risk factor
Resilient to price shocks
Profitability factor
Overvalued vs peers
About
Archean Chemical Industries Limited operates as a manufacturer and global distributor of specialized chemicals extracted from marine sources, serving markets both within India and worldwide. Its product portfolio prominently features bromine, an essential chemical with widespread applications across sectors such as pharmaceuticals, agrochemicals, water purification, flame retardancy, various industrial additives, the oil and gas industry, and advanced energy storage solutions. The company also supplies industrial salt, which serves as a crucial raw material for the chemical industry in the production of substances like sodium carbonate, caustic soda, hydrochloric acid, chlorine, bleaching agents, chlorates, sodium sulphate, and metallic sodium. Additionally, Archean provides sulphate of potash, valued for its dual utility as an agricultural fertilizer and for certain medical applications. Established in 2003, the company maintains its headquarters in Chennai, India.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITD.
Target Price
The average target price of ACI.NS is 606 and suggests 7.7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio