12 companies in the pharmaceutical and chemical sector in the red zone!

Sharebarta24.com, Dhaka: Out of 31 companies in the pharmaceutical and chemical sector listed in the capital market, 12 companies are at risk. The companies are Far Chemical, Imam Button, ACI, Active Fine, AFC Agro, MB Pharma, Central Pharma, Global Heavy Chemical, JMI Syringes, Libra Infusions, Orion Infusion and Salvo Chemical Industries Limited.

Investors are being deprived of margin loan facility against the shares of companies as the PE ratio is in a risky position. This is because companies with a PE ratio above 40 are considered risky. That is why margin loans are not given against shares of companies with a PE ratio above 40 points.

Note that the lower the PE ratio of the company, the better the investment. Again, without a PE ratio, it is even more risky for the company. Companies with losses in the last quarter do not have a PE ratio. That is why those companies are risky.

According to the DSE, the PE ratio is negative due to losses of two of the 12 most risky companies. In which the PE ratio of Far Chemical is negative. That means the company has no PE ratio. At present, the latest price of the company’s shares stands at 11 rupees 90 paise. The PE ratio of Imam Button Industries is negative due to losses. At present, the latest share price of the company has been traded at Tk 28.80.

Meanwhile, the PE ratio is among the companies at risk – ACI Limited’s PE ratio is 55.6 points. The company’s share price is currently trading at Tk 264.00. Active Fine has a PE ratio of 60.64 points. At present the share price of the company is being traded at 18 rupees 30 paise.

AFC Agro’s PE ratio is 125 points. The company’s share price is currently trading at 20 rupees. MB Pharma’s PE ratio is 129.37 points. The company’s share price is currently trading at 410 rupees 50 paise.

Central Pharma’s PE ratio is 175 points. At present the share price of the company is being traded at 13 rupees 20 paise. Global Heavy Chemicals has a PE ratio of 47.38 points. At present, the share price of the company is being traded at Tk 38.80.

The PE ratio of JMI syringes is 6.03 points. The company’s share price is currently trading at 331 rupees 10 paise. Libra Infusions has a PE ratio of 518.33 points. The company’s share price is currently trading at 543 rupees 20 paise.

Orion Infusion’s PE ratio is 43.54 points. At present, the share price of the company is being traded at Tk 7.50. Salvo Chemical Industries has a PE ratio of 59.84 points. At present, the share price of the company is being traded at Tk 33.40.


Source: Share Barta 24 by www.sharebarta24.com.

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