J B Chemicals Share Price Trends and Insights

JB Chemicals has a strong presence in the Indian pharmaceutical market, with a history dating back to 1931.

The company's share price has shown a steady growth over the years, with a significant increase in its market capitalization.

JB Chemicals has a diverse portfolio of products, including active pharmaceutical ingredients, intermediates, and excipients, which caters to various therapeutic segments.

Its product range includes APIs for cardiovascular, anti-diabetic, and anti-inflammatory drugs, among others.

The share price of J B Chemicals has been on a rollercoaster ride, with a capitalization of 29TCr and an enterprise value of 29TCr, indicating a significant market presence.

The company's price target has been adjusted several times by Jefferies, a reputable research firm, with the latest target being INR2,330, a 3.8% increase from the previous target.

The share price has been trading close to its key moving averages, around 3% and 3% from 50DMA and 200DMA, indicating a stable trend.

The company's annual revenue growth is 11%, which is a good sign, and its pre-tax margin of 22% is exceptional.

Here's a comparison of the share price with its key moving averages:

Note that the share price is trading around 8% away from the crucial pivot point, which could be a key indicator of future price movements.

The JB Chemicals share price has been on a rollercoaster ride, with significant fluctuations in the past few months.

The 52 Week Low is a crucial indicator of the stock's performance, and in this case, it's a mere ₹1,480.

The 52 Week High is a significant milestone, standing at ₹2,030, indicating the stock's potential for growth.

The Open Price is ₹1,854, which sets the stage for the day's trading.

The Previous Close is ₹1,865, showing a slight decrease from the previous day's close.

The Volume is a staggering 345,950, indicating a high level of trading activity.

Here's a summary of the key performance indicators:

These numbers give us a glimpse into the stock's performance, but it's essential to consider other factors, such as the Master Rating, which provides a more comprehensive view of the stock's overall health.

In the technical analysis of J B Chemicals share price, we can see that there are three key resistance levels: R3 at 1,923.90, R2 at 1,899.45, and R1 at 1,882.00.

These resistance levels indicate potential price ceilings that the stock may face as it tries to move upwards.

The current price is below R1, suggesting that the stock may need to break through this resistance level before continuing its upward momentum.

A closer look at the resistance levels shows us that R3 is the highest, indicating that it may be a significant barrier for the stock to overcome.

Here's a summary of the resistance levels:

J B Chemicals is a leading chemical company in India, with a market capitalization of over ₹50,000 crores.

The company was founded in 1931 by Jhabakalal Chheda, and it has since grown to become one of the largest chemical companies in the country.

J B Chemicals has a strong presence in the Indian market, with a diverse portfolio of products that includes pesticides, fertilizers, and specialty chemicals.

The company has a significant manufacturing capacity, with facilities located across India, including Maharashtra, Gujarat, and Tamil Nadu.

J B Chemicals & Pharmaceuticals has a history of declaring dividends to its shareholders. The company declared a final dividend of Rs.6.75 per share in August 2024, which is a 675% payout.

In addition to dividends, the company has also undergone a stock split. On September 18, 2023, the company split its shares from Rs. 2/- to 1/-, resulting in a more manageable stock price for investors.

The company's dividend history shows a consistent trend of declaring interim dividends in February of each year. In 2024, the interim dividend was Rs.5.50 per share, while in 2023 and 2022, it was Rs.8.50 per share.

Here's a summary of the company's dividend history:

The company's corporate actions are well-documented, providing valuable information for investors.

Understanding the Shareholding Pattern is crucial for investors and stakeholders alike.

Promoters hold a significant portion of the company's shares, which can give them control over the business decisions.

In the case of J B Chemicals & Pharmaceuticals, the shareholding pattern is diverse, involving various categories of investors.

Mutual Funds, Insurance Companies, and Foreign Portfolio Investors are also major stakeholders in the company.

Financial Institutions/Banks and Individual Investors also have a stake in the company's success.

Others, including institutional and retail investors, complete the picture of the company's shareholding pattern.

Here is a breakdown of the different categories of investors in J B Chemicals & Pharmaceuticals: