scorecardresearchFine Organic has rallied 775% from the issue price; analysts say ‘hold’ the stock

Fine Organic has rallied 775% from the issue price; analysts say ‘hold’ the stock

Updated: 12 Oct 2022, 01:17 PM IST
TL;DR.
For the past seven quarters, beginning in December 2020, Fine Organic's net profit has consistently grown. The company reported a net profit of Rs. 159.8 crore in Q1FY23, which was a record-high. EBITDA grew almost four-fold to 214.6 crore in Q1FY23.
Indian companies are witnessing interest from strategic investors led by Japan, Korea, and Thailand, as they seek to diversify their supply chains from China.

Indian companies are witnessing interest from strategic investors led by Japan, Korea, and Thailand, as they seek to diversify their supply chains from China.