India's Fine Organic Industries hits 1-week low

Fine Organic Industries

03/10/2022 06:55

** Shares of Fine Organic Industries  FINO.NS  fall as much
as 3.55% to 6,730.05 rupees, mark their sharpest intraday pct
loss since Sept. 29
    ** Stock hits lowest level since Sept. 26
    **  Co is engaged in manufacturing, processing, supplying,
distributing, dealing, importing, and exporting of
oleochemical-based green additives used in foods, plastics,
cosmetics, coatings, and other specialty application in various
industries
    ** More than 35,000 shares change hands by 0537 GMT vs
30-day avg of 88,491 shares
    ** Three of the 10 analysts covering the stock have a "buy"
rating, 4 has "hold" while 3 rate it at "strong sell"; median PT
is 5,433.50 rupees - Refinitiv data
    ** Stock up 87.88% YTD, as of last close
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))