Today, Junomoneta Financial Solutions traded approximately 8.2 million shares of Fineotex Chemical at an average price of INR 37 each on the National Stock Exchange. This significant trading volume indicates increased investor interest in Fineotex's performance.
Fineotex Chemical Limited
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Microcurves Trading Private Limited has offloaded approximately 6.7 million shares of Fineotex Chemical for an average price of INR 33.15, indicating a potential shift in their investment strategy or liquidity needs.
Fineotex Chemical sets ambitious revenue goal of $200 million by 2028, thanks to a strong 162% year-over-year increase in Q4 profits.
Fineotex Chemical announced their Q4 FY25-26 report, emphasizing growth in the global market, plans for expansion, and a focus on sustainability efforts. The company's presentation outlines financials, operations, and certifications associated with these key points.
Fineotex Chemical reported a significant 45% year-over-year increase in revenue for the fiscal year 2026, reaching INR 772 crores, with profit after tax (PAT) up 14.5% to INR 125 crores. The company announced a dividend of INR 0.05 per share, reflecting their success in volume growth and operational efficiency.