Subdued Growth No Barrier To Himadri Speciality Chemical Limited’s (NSE:HSCL) Price
Himadri Speciality Chemical Limited’s (NSE:HSCL) price-to-earnings (or “P/E”) ratio of 37.6x might make it look like a sell right now compared to the market in India, where around half of the companies have P/E ratios below 27x and even P/E’s below 15x are quite common. However, the P/E might be high for a reason and it requires further investigation to determine if it’s justified.
Himadri Speciality Chemical certainly has been doing a good job lately as it’s been growing earnings more than most other companies. The P/E…
