Chromatic India Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Chromatic India Ltd
cmp:73
Code:530191

Story:Chromatic India Limited engages in the manufacture and trading of S.O. dyes and chemicals in India and internationally. Its products include cyanuric chloride, double anchor type, and vinyl sulphone based products.Chromatic India Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2011. For the quarter, total income was INR 419.6 million, profit from operations before other income, interest and exceptional expenditure was INR 2 million, profit from ordinary activities before tax was INR 160.1 million and net profit for the period was INR 160.16 million or earnings per basic and diluted share of INR 2.25 against total income of INR 151.93 million, profit from operations before other income, interest and exceptional expenditure of INR 3.64 million, profit from ordinary activities before tax of INR 7.97 million and net profit for the period of INR 7.97 million or earnings per diluted share of INR 0.71 for the same period a year ago. For the six months, total income was INR 742.4 million, profit from operations before other income, interest and exceptional expenditure was INR 7.9 million, profit from ordinary activities before tax was INR 163.91 million and net profit for the period was INR 163.91 million or earnings per basic and diluted share of INR 2.31 against total income of INR 193.6 million, loss from operations before other income, interest and exceptional expenditure of INR 5.35 million, profit from ordinary activities before tax of INR 4.93 million and net profit for the period of INR 4.93 million or earnings per diluted share of INR 0.44 for the same period a year ago.At over 500crs market am not gonna suggest to buy this crap.Rather dispose it off at rallies.