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Sameet Chavan of Angel Broking has a buy call on Gujarat Alkalies & Chemicals Ltd. with a target price of Rs 650. The current market price of Gujarat Alkalies & Chemicals Ltd. is Rs 618.0 Time period given by the analyst is Intra Day when Gujarat Alkalies & Chemicals Ltd. price can reach the defined target. Sameet Chavan recommended to keep stoploss at Rs 583. Gujarat Alkalies & Chemicals Ltd., incorporated in 1973, is a midcap company with a market cap of Rs 4434.86 crore.

Gujarat Alkalies & Chemicals Ltd. key Products/Revenue Segments include Caustic Soda Lye which contributed Rs 683.48 Crore to Sales Value (33.05 % of Total Sales), Caustic Soda (Flakes) which contributed Rs 385.51 Crore to Sales Value (18.64 % of Total Sales), Hydrogen Peroxide (100%) which contributed Rs 219.20 Crore to Sales Value (10.60 % of Total Sales), Phosphoric Acid which contributed Rs 168.49 Crore to Sales Value (8.14 % of Total Sales), Aluminium Chloride which contributed Rs 117.44 Crore to Sales Value (5.68 % of Total Sales), Chloromethanes which contributed Rs 109.71 Crore to Sales Value (5.30 % of Total Sales), Caustic Potash Flakes which contributed Rs 69.17 Crore to Sales Value (3.34 % of Total Sales), Sodium Chlorate which contributed Rs 64.51 Crore to Sales Value (3.12 % of Total Sales), Potassium Carbonate which contributed Rs 57.66 Crore to Sales Value (2.78 % of Total Sales), Poly Aluminimum Choloride which contributed Rs 39.79 Crore to Sales Value (1.92 % of Total Sales), Other Operating Revenue which contributed Rs 35.98 Crore to Sales Value (1.74 % of Total Sales), Benzyl Alcohol which contributed Rs 33.75 Crore to Sales Value (1.63 % of Total Sales), Caustic Potash Lye which contributed Rs 24.95 Crore to Sales Value (1.20 % of Total Sales), Caustic Soda Prills which contributed Rs 20.82 Crore to Sales Value (1.00 % of Total Sales), Others which contributed Rs 10.81 Crore to Sales Value (0.52 % of Total Sales), Chlorinated Paraffin Wax which contributed Rs 9.95 Crore to Sales Value (0.48 % of Total Sales), Scrap which contributed Rs 6.62 Crore to Sales Value (0.32 % of Total Sales), Traded Goods which contributed Rs 5.01 Crore to Sales Value (0.24 % of Total Sales), Export Incentives which contributed Rs 4.57 Crore to Sales Value (0.22 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-06-2018, the company has reported a Standalone sales of Rs 752.85 Crore, up 7.96 % from last quarter Sales of Rs 697.32 Crore and up 38.35 % from last year same quarter Sales of Rs 544.18 Crore Company has reported net profit after tax of Rs 183.17 Crore in latest quarter. The company’s top management includes Dr.J N Singh, Dr.Rajiv I Modi, Mr.Arvind Agarwal, Mr.J N Godbole, Mr.M K Das, Mr.P K Gera, Mr.Rajiv Lochan Jain. Company has Deloitte Haskins & Sells as its auditoRs As on 30-06-2018, the company has a total of 73,436,928 shares outstanding.