Omkar Speciality Chemicals is the new listing in the small-cap chemical sector.
Omkar Speciality is in the chemical space, the balance sheet is not great and it is a small company with Rs 100 crore turnover. They will do Rs 6 as earnings this year. Rs 98 is where the issue came in, so, you are paying 16 times. Would you pay a premium to the current market for a smallcap name, at less than Rs 200 crore marketcap, in the chemical space.
First day Tradind - 10 Feb 2011
Open : 92.00
High :101.00
Low : 42.05
Issue Price : 98.00
Total traded quantity :25168182
Today Close : 42.60
Today down side % was : 56.53%
Omkar chemical company top of the loser in nse all securities.
Omkar Speciality is in the chemical space, the balance sheet is not great and it is a small company with Rs 100 crore turnover. They will do Rs 6 as earnings this year. Rs 98 is where the issue came in, so, you are paying 16 times. Would you pay a premium to the current market for a smallcap name, at less than Rs 200 crore marketcap, in the chemical space.
First day Tradind - 10 Feb 2011
Open : 92.00
High :101.00
Low : 42.05
Issue Price : 98.00
Total traded quantity :25168182
Today Close : 42.60
Today down side % was : 56.53%
Omkar chemical company top of the loser in nse all securities.