Special public problems Chemicals Companies Science and clean technology accept the ‘subscription’ rating from all analysts, given the strong and broad relationship with multinational customers, product quality, strong profit track record with a healthier return ratio, greater cost control, control The process of innovation with a consistent focus on R & D, and the prospect of positive industries.
The initial public offering of the clean science from RS 1,546.62 Crore was open to subscribe to July 7 and was a complete offer for sale by the existing shareholders including Ashok Ramnarayan Boob promoter, Krishnakumar Ramnarayan Boob, Siddhartha Ashok Sikchwari.
The price band for offers, which will be closed on July 9, has been repaired at Rs 880-900 per share.
“On the price ribbon on Rs 900, the stock is traded at several P / E from 48 (x) to EPS RS 18.6,” said Arihant Capital Markets, which recommends subscribing to the IPO for the long term as a list of listings.
The broker said the ability of clean science to meet the demand and quality of competitive products has produced strong and old relationships with multinational companies.
Their in-house abilities also allow them to optimize capital expenses for their facilities expansion activities. As a result, the rotation of their assets is one of the highest in the chemical industry, “said the broker.
Arihant said the company was well positioned to take advantage of opportunities in the chemical segments specifically because of lower production costs in India compared to imports from China and their relationship with multinational companies.
