Manas Jaiswal of manasjaiswal.com has buy call on Gujarat Alkalies & Chemicals with a target price of Rs 425.

The current market price of Gujarat Alkalies & Chemicals is Rs 405.7.

Time period given by analyst is intraday when Gujarat Alkalies & Chemicals price can reach defined target.

Manas Jaiswal recommended to keep stoploss at Rs 396.

Gujarat Alkalies & Chemicals, incorporated in the year 1973, is a Mid Cap company (having a market cap of Rs 2979.34 crore) operating in Chemicals sector.

Gujarat Alkalies & Chemicals key Products/Revenue Segments include Caustic Soda Lye which contributed Rs 584.62 crore to Sales Value (29.73 % of Total Sales), Caustic Soda (Flakes) which contributed Rs 356.70 crore to Sales Value (18.14 % of Total Sales), Hydrogen Peroxide (100%) which contributed Rs 187.41 crore to Sales Value (9.53 % of Total Sales), Phosphoric Acid which contributed Rs 170.76 crore to Sales Value (8.68 % of Total Sales), Chloromethanes which contributed Rs 135.70 crore to Sales Value (6.90 % of Total Sales), Aluminium Chloride which contributed Rs 110.57 crore to Sales Value (5.62 % of Total Sales), Caustic Potash Flakes which contributed Rs 87.87 crore to Sales Value (4.46 % of Total Sales), Others which contributed Rs 69.70 crore to Sales Value (3.54 % of Total Sales), Potassium Carbonate which contributed Rs 54.38 crore to Sales Value (2.76 % of Total Sales), Sodium Chlorate which contributed Rs 41.12 crore to Sales Value (2.09 % of Total Sales), Poly Aluminimum Choloride which contributed Rs 36.65 crore to Sales Value (1.86 % of Total Sales), Benzyl Alcohol which contributed Rs 34.44 crore to Sales Value (1.75 % of Total Sales), Caustic Soda Prills which contributed Rs 28.17 crore to Sales Value (1.43 % of Total Sales), Caustic Potash Lye which contributed Rs 26.39 crore to Sales Value (1.34 % of Total Sales), Chlorinated Paraffin Wax which contributed Rs 14.02 crore to Sales Value (0.71 % of Total Sales), Traded Goods which contributed Rs 13.85 crore to Sales Value (0.70 % of Total Sales), Other Operating Revenue which contributed Rs 4.64 crore to Sales Value (0.23 % of Total Sales), Scroreap which contributed Rs 4.36 crore to Sales Value (0.22 % of Total Sales), Sodium Cyanide which contributed Rs 3.62 crore to Sales Value (0.18 % of Total Sales), Export Incentives which contributed Rs 1.14 crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2017, the company has reported a Standalone sales of Rs 511.81 crore, up 7.55% from last quarter Sales of Rs 475.89 crore and down 5.91% from last year same quarter Sales of Rs 543.97 crore.

The company’s top management includes Dr.J N Singh, Dr.Rajiv I Modi, Mr.Anil Mukim, Mr.Arvind Agarwal, Mr.J N Godbole, Mr.P K Gera, Mr.P K Taneja, Mr.Rajiv Lochan Jain, Mrs.Pallavi S Shroff. Company has Deloitte Haskins & Sells as its auditors. As on 31-03-2017, the company has a total of 73,436,928 shares outstanding.