Stock of Interest

Posted On: October 5, 2023

Stock Report: OCCL(NSE) 04 Oct 2023

Oriental Carbon And Chemicals Ltd is an India-based company engaged in manufacturing and selling insoluble sulphur. The business activity of the group is operated through the segments of Chemicals, Investments and General Engineering Products. It generates maximum revenue from the Chemicals segment. The company offers products such as Sulphuric acid, Oleum, and Diamond sulf, among others. Geographically, it derives a majority of its revenue from export. 

#xCalData predicts that # OCCL will continue its bearish phase over the next five days and trend within the range of 766 to 818. 

In comparison to the previous month, the price of the stock has experienced a decline of 8.86% indicating a bearish. 

The Stock has doubled once since 29 Feb 2016 and took an average of 0.7 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 2 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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