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Hikal: Green compliance issues weigh heavy on valuation

The Gujarat Pollution Control Board’s directive to cease operations at the company’s Panoli plant follows a similar move by the Maharashtra Pollution Control Board over its Taloja plant. We are closing our coverage of the company.

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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