Expect 15-40% return in Ineos ABS: Tater

One can expect 15-40% returns in Ineos ABS from a year angle, says Aashish Tater, Head of Research, Fort Share Broking.

Tater told CNBC-TV18, "Ineos ABS recently announced a mandatory buyback because its styrolution business is getting combined. So if we take a call from the perspective of the business, the company's parent is expected to do a sale of over USD 5 billion."
He further added, "A decent chunk is going to come to Ineos ABS India and that