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Anupam Rasayan IPO: Has it lost the case with weak listing?

Anupam though 1/10th the size of PI Industries, appears to be its good proxy in the field of custom synthesis of agro-chemicals. One of the things which strikes us is the growing export exposure to the lucrative Japanese market.

March 25, 2021 / 10:50 IST
The Implied EV/EBITDA (31x) & P/E (54x) multiples appear reasonable with respect to larger peers when we consider debt/interest cost reduction. [Image: Shutterstock]
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More