Stock of Interest

Posted On: October 4, 2023

Stock Report: EXCELINDUS(NSE) 03 Oct 2023

Excel Industries Ltd is a chemical manufacturer based in India. The company is organized into two business segments namely, Chemicals segment which comprises of industrial and specialty chemicals, pesticides intermediates, polymer, and pharma intermediates; and Environment and Biotech segment which comprises of soil enricher, biopesticides, and bioproducts. Apart from these segments company also focuses on waste management area where it converts solid waste into organic soil conditioner. Most of its revenues come from the Indian market, while it also has a presence in the international market. 

#xCalData predicts that # EXCELINDUS will continue its bearish phase over the next five days and trend within the range of 848 to 898.  

In comparison to the previous month, the price of the stock has experienced a decline of 6.42% indicating a bearish.

The Stock has doubled thrice since 17 Nov 2015 and took an average of 0.9 years to double. 

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 3 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

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