HomeNewsBusinessStocksBuy Vinati Organics; target of Rs 700: Dynamic Levels

Buy Vinati Organics; target of Rs 700: Dynamic Levels

Dynamic Levels is bullish on Vinati Organics has recommended buy rating on the stock with a target price of Rs 700 in its research report dated October 21, 2016.

October 21, 2016 / 18:08 IST
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Dynamic Levels' research report on Vinati Organics
Vinati Organics is a leader in its field and has a sturdy market presence in over 22 countries. Vinati Organics has achieved a record purity level of 99.8% for IBB as against the prevailing international standards of 99.5%. Thus, it has become a reliable supplier for leading producers of Ibuprofen across the world. 2-acrylamido-2-methylpropane Sulphonic acid, a specialty monomer finds several applications in oil-field recovery, water treatment, acrylic fibre manufacturing, adhesives, personal care products, medical hydrogel, mining industry, coatings and as dispersing and flocculating agents. Vinati Organics is the world’s largest manufacturer of both 2-acrylamido-2-methylpropane Sulphonic acid and IBB.
We recommend BUY in Vinati Organics @ 596 with the target of 700 in Short Term. Vinati Organics Ltd is a leader in its field with global presence. Vinati Organics has achieved a record purity level of 99.8% for IBB as against the prevailing international standards of 99.5%.
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first published: Oct 21, 2016 06:08 pm

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