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?

Answer
user profile image
2 months ago


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.