Highlights - GMM stock price resilient amid broader market correction - Market leader with nearly 60 percent market share in glass-lined equipment in India - MNC parentage, higher earnings visibility, operating leverage, zero debt BS and higher return ratios to support valuation - Domestic demand for glass lined equipment to increase About GMM GMM Pfaudler (GMM) (CMP: Rs 3525, Mcap: Rs 5153 crore) manufactures glass-lined reactors which are used for critical chemicals processes where corrosion resistance and chemical inertness are of prime importance. Promoters hold 75...
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