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Pondy Oxides & Chemicals hits 5% upper circuit after 168% profit
short by / on Thursday, 17 October, 2024
Dolly Khanna stock Pondy Oxides & Chemicals Ltd hit a 5% upper circuit to ₹1,117.20 per share following a remarkable 168% YoY increase in net profit and a 46% revenue rise to ₹57,910.86 crore in Q2FY25. The company reports strong return ratios with ROCE of 16.5%, ROE of 13.3%, current ratio of 2.03 and a low debt-to-equity ratio of 0.36.
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