In just two trading sessions, the stock price of this chemical business recovered from a dramatic slump

In just two days, the stock of TGV Sraac increased by around 10%.

The stock's opening price today was Rs 158.50, up almost 4% from the previous closing. After a precipitous decline in the stock price on October 24 to Rs 143.60, the stock recovered by 10% in just two trading sessions. The company's 52-week high and low are Rs 182 and Rs 44.10. At the present stock price, a one-year investment of Rs 1 lakh in shares of this company would have about doubled.

TGV Sraac Ltd produces castor derivatives, fatty acids, chlor-alkali compounds, and chloromethane. The TGV Group's principal business operates in a variety of sectors, including real estate, aquaculture, medicines, industrial chemicals, and hotels.

The company's chemicals division generates over 87% of its revenues. The remaining revenue is produced by the Oil & Fats Segment. It manufactures soap noodles, derivatives of soap oil, hydroxy stearic acid, and other goods within this division's control under its Oil and fats section. Textiles, pulp and paper, alumina, soaps and detergents, petroleum, fertilisers, pharmaceuticals, agrochemicals, and water treatment are just a few industries that use the company's products.

The business has approximately four decades of proven industry experience in the production of chemicals. With more than 200 clients, SRAAC has built lasting relationships throughout the years. Kurnool, Andhra Pradesh, houses the company's manufacturing facility, which includes a fully operational factory for the production of goods containing chlor-alkali.

The activities of TGV SRAAC are closely interwoven, with the by-product of one process acting as the raw material for another, to fully maximise its production capabilities. The company is also partially protected from the impacts of market cyclicality for its specific goods because of the variety of items it offers.

The strong fundamentals of this company have increased the value of its shares. Its net sales in the most recent quarter, Q1FY23, increased by 137.78% YoY to Rs 596.07 crore on a standalone basis. The PBIDT (ex OI) climbed by 361% while the PAT increased by 1391% year over year to Rs 147.80 crore as a result of steadily declining expenditures.