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    Alice Blue
    3rd Floor, M.R.B.Arcade, No. 153/2,
    Bagalur Main Rd, Dwarka Nagar,
    Yelahanka, Bengaluru, Karnataka
    560063
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    Technicals

    Price-based indicators and levels

    Indicators

    IndicatorValueSignal
    Relative Strength Index (RSI)+42.63Neutral
    MACD-6.58Bearish

    Support and Resistance Levels

    R3483.77
    R2473.83
    R1464.87
    S1445.97
    S2436.03
    S3427.07

    Moving Averages

    PeriodSMAEMA
    20D Moving Average485.16476.13
    50D Moving Average481.24474.74
    200D Moving Average375.37406.98
    Panama Petrochem Ltd

    Panama Petrochem Ltd

    NSE: PANAMAPET | BSE: 524820
    ₹450.6-5.30 (-1.16%)
    BuySell

    News

    CARE Ratings upgraded Panama Petrochem's outlook to 'Positive,' citing strong performance and financial health

    12 Oct 2026

    Panama Petrochem Ltd announced that CARE Ratings Limited and CARE Ratings Ltd. have reaffirmed ratings on its various banking facilities and instruments, with CARE Ratings Limited revising the outlook on its Long-Term Bank Facilities from ‘Stable’ to ‘Positive’ and reaffirming the Short-Term Bank Facilities at CARE A1+ as of October 12, 2026; CARE Ratings Ltd. reaffirmed Long-Term Bank Facilities at CARE A+ with an outlook revised from Stable to Positive, and reaffirmed Short-Term Bank Facilities at CARE A1+, reflecting sustained volume, scale, and profitability, while acknowledging vulnerability to base oil prices and forex fluctuations, and also reaffirmed Fund-based Long-Term – Cash Credit at CARE A+; Positive and CARE A+; Stable, and Non-fund-based Short-Term – Bank Guarantee/Letter of Credit at CARE A1+; CareEdge Ratings noted a consolidated business and financial profile with Panol Industries, RMC FZE (PIRF), and emphasized that ratings represent opinions on the likelihood of timely payment, with no rating data present for Corporate Bonds and Debentures or for an unspecified instrument, amount, rating, action, and notes.

    Panama Petrochem Ltd leads gainers in 'B' group

    19 Jun 2026

    IRIS Regtech Solutions Ltd, Sundaram Brake Linings Ltd, S P Apparels Ltd and Rane (Madras) Ltd are among the other gainers in the BSE's 'B' group today, 19 June 2026.

    IRIS Regtech Solutions Ltd, Sundaram Brake Linings Ltd, S P Apparels Ltd and Rane (Madras) Ltd are among the other gainers in the BSE's 'B' group today, 19 June 2026. Panama Petrochem Ltd soared 18.03% to Rs 482.9 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.8 lakh shares were traded on the counter so far as against the average daily volumes of 54437 shares in the past one month. IRIS Regtech Solutions Ltd surged 15.00% to Rs 276. The stock was the second biggest gainer in 'B' group. On the BSE, 4825 shares were traded on the counter so far as against the average daily volumes of 1975 shares in the past one month. Sundaram Brake Linings Ltd spiked 14.32% to Rs 847.25. The stock was the third biggest gainer in 'B' group. On the BSE, 249 shares were traded on the counter so far as against the average daily volumes of 1046 shares in the past one month. S P Apparels Ltd spurt 13.89% to Rs 1046.05. The stock was the fourth biggest gainer in 'B' group. On the BSE, 65018 shares were traded on the counter so far as against the average daily volumes of 17919 shares in the past one month. Rane (Madras) Ltd exploded 12.66% to Rs 1113.1. The stock was the fifth biggest gainer in 'B' group. On the BSE, 48259 shares were traded on the counter so far as against the average daily volumes of 1698 shares in the past one month. Powered by Capital Market - Live News

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    Overview

    Petrochemicals - OthersNSE / BSE

    Panama Petrochem Limited was incorporated on March 9, 1982. The Company manufactures speciality petroleum products under the brand name 'PANOL', for diverse user industries like printing, textiles, rubber, Pharmaceuticals, cosmetics, power and various industrial oil. It has manufacturing facilities at four plants namely, in Ankleshwar (Gujarat), Daman (Union Territory), Taloja (Raigadh, Maharashtra) and Dahej (Bharuch, Gujarat). The Company is one of the leading manufacturers and exporters for various kinds of Petroleum specialties. The Company's diverse range of products include Mineral Oils, Liquid Paraffins, Transformer Oils, Petroleum Jellies, Ink Oils and Other Petroleum Specialty Products. It manufactures petroleum speciality products like agricultural spray oil, dewatering fluid, white oil, transformer oil and liquid paraffin. In Jan.'95, the company came out with a public issue to expand the capacity by nearly four times and to add value added products like liquid paraffin heavy (I P), petroleum jelly and greases. The company has a technical collaboration with Lubcon Lubricant Consult, Germany, for developing and marketing new products. In 1995-96, the company introduced petroleum sulphonate and other speciality oils. During 2000-01,turnover of the company has registered a growth of 57% over the previous year,as the figures were stood at Rs.42.60 crores as against Rs.27.27 crores in the previous year. The Daman plant commenced production from December 2003. The Company got into an agreement with PETRONAS, a Malaysian giant, in January, 2006, for marketing the Automotive Lubricants in Western India. New manufacturing plant at Taloja commenced operations from June, 2007. During FY 2008-09, the Hon'ble High Court of Gujarat and Bombay, vide its order dated 14th November, 2008 approved the Scheme of Arrangement for De-merger of Securities Investment Business of Mobil Petrochem Pvt Ltd into Ittefaq Ice and Cold Storage Co. Pvt. Ltd; and Amalgamation of Mobil Petrochem Pvt. Ltd. (Residual Business) with Panama Petrochem Ltd., which became operative with effect from the Appointed Date i.e. 1st January 2008. The Construction of Phase I Dahej Plant with a capacity of 30,000 metric tonnes was commissioned in August 2010. Panol Industries RMZ FZE, UAE formed as a wholly owned subsidiary of the Company in 2012-13, had started its business operation during the year 2013-14. The Company established a manufacturing subsidiary in UAE i.e. Panol Industries, in order to cater the markets of Middle East and African Continent in 2022. Moreover, the Wholly-Owned Subsidiary of the Company, Panol Industries RMC FZE incorporated in UAE has also initiated an expansion project by securing an additional property at RAK Maritime City Free Zone, thereby enhancing its operational capacities in 2025.

    Performance

    Historical price movement and trading activity

    Trading Data

    Today's High

    467.1

    Today's Low

    448

    Open

    460

    Previous Close

    450.6

    Volume

    168462

    Total Traded Value High

    76521039.9

    Fundamentals

    Financial strength and ownership structure

    Valuation & Ratios

    Market Capitalisation

    ₹1,401.33

    Price to Book (PB)

    0.95

    Price to Earnings (PE)

    6.60

    Return on Equity (ROE)

    15.60%

    Earnings Per Share (EPS)

    35.12

    Dividend Yield

    1.30%

    Financial Performance

    574.41
    511.83
    740.97
    670.78
    698.91
    727.97
    695.23
    693.22
    773.22
    775.05
    822.77
    1735.15
    Sep
    '23
    Dec
    '23
    Mar
    '24
    Jun
    '24
    Sep
    '24
    Dec
    '24
    Mar
    '25
    Jun
    '25
    Sep
    '25
    Dec
    '25
    Mar
    '26
    Jun
    '26

    Shareholding Pattern

    63.16%
    63.16%
    63.16%
    63.16%
    Dec
    '25
    Mar
    '26
    Jun
    '26
    Sep
    '26