InvestorQ : What is your view on Gujarat Fluoro after the results?
prachi Patwardhan made post

What is your view on Gujarat Fluoro after the results?

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12 months ago
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Gujarat Fluorochemicals reported a 40% fall in net profits at Rs.66.91 crore for the Jun-20 quarter on weak operating demand. During the period, net sales were also down by 24.3% at Rs. 557. The pandemic and the lockdown had a big impact on the operations.

The pressure on the operations was evident from the fact that the EBITDA was down 6.53% at Rs.175 crore. The stock has already been an underperformer falling 29% in the last one year. This would limit further downsides on the stock and could be a good and interesting level to enter the stock from a medium to long term perspective.
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