Mehta Equities has arrive out with its report on Chemcon Speciality Substances. The analysis organization has encouraged to ”Subscribe” the ipo in its exploration report as on September 21, 2020

Mehta Equities’s IPO report on Chemcon Speciality ChemicalsChemcon Speciality Chemical Substances Ltd (Chemcon) is a a few 10 years old enterprise based mostly out of Vadodara, Gujarat. It is a producer of specialised chemicals, such as HMDS and CMIC which are predominantly made use of in the pharmaceuticals sector and inorganic bromides, particularly Calcium Bromide, Zinc Bromide and Sodium Bromide, which are used as completion fluids in the oilfields business. Chemcon is the only manufacturer of HMDS in India and was the 3rd premier company of HMDS worldwide in conditions of production in the calendar yr 2019. It has a production plant at Manjusar in the vicinity of Vadodara in Gujarat, 5 operational crops, 3 warehouses, and 2 leased warehouses. It has a presence Pan India as properly as globally with key exports coming from United states, China, Japan, UAE, Serbia, Russia, Malaysia, and Azerbaijan.Valuation and OutlookHence, we advise investors to “SUBSCRIBE” to the issue for very long term as well as healthy listing acquire.For all IPO stories, click hereDisclaimer: The views and investment strategies expressed by investment gurus/broking homes/score agencies on BuddyMantra.com are their very own, and not that of the site or its management. BuddyMantra.com advises users to test with qualified gurus ahead of getting any investment selections.
Initial Published on Sep 21, 2020 07:49 pm