Kronox Lab Sciences Ltd (KLSL) is a company that was established in 2008 and specializes in manufacturing high-purity specialty fine chemicals for various industries.
KLSL operates with an aggregate installed capacity of 7,242 TPA at its facility in Vadodara, Gujarat, which is strategically located near major seaports.
The industries that KLSL serves include pharmaceuticals, biotech, and personal care.
Profitmart has recommended buying KLSL shares and has set a target price of Rs 240 over the next 12 to 15 months.
The firm believes that KLSL's strong financial performance, market presence, and capable management could lead to a re-rating of the stock.
Currently, KLSL's shares are trading at Rs 192.41, which is a 3.98% increase.
The trading volume is over 1.13 million shares, and the stock has reached a daily high of Rs 196.40, indicating positive market sentiment.