Anubhav Sahu Moneycontrol Research Leading manufacturer of ethyl acetate & diketene derivatives Legacy business mix similar to better-priced Jubilant Ingrevia Fluorochemicals prospects key differentiator for valuation premium Valuation ranges between basic and specialty chemical universe Post IPO, balance sheet gets stronger and well-placed for organic/inorganic initiatives Almost in line with a few of the recent IPOs, Laxmi Organic Industries Limited’s (LOIL) grey market premium contracted significantly before the listing day. However, in a rather weak day for the broader market, LOIL listed at a 20 per...
Moneycontrol Pro Panorama | Budget 2023: Bonds jump in joy, stocks sulk
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The well-crafted and well-delivered budget got many ‘wows’, but Mr Market’s worry lines are not yet gone
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