Anupam Rasayan: Emkay called the transaction as value accretive, supported by Jayhawk’s capabilities in high-purity materials, advanced chemistries, and its relevance across aviation, electronics and semiconductors.
Specialty chemical shares: Emkay said the December quarter was a subdued quarter owing to demand slowdown in chemicals due to destocking of channel inventory build-up and rescheduling of orders at the customers’ end.
Anupam Rasayan shares climbed 3.23% to Rs 1039.70 against the previous close of Rs 1007.10 on BSE. Market cap of the firm climbed to Rs 10,806.80 crore in Tuesday's session.
Stocks in focus today: Indian stock market is likely to continue its northbound journey with phases of consolidation. IOCL, Bharti Airtel, Adani Total Gas, Jet Airways, Metro Brands, Escorts Kubota, PVR INOX, Bikaji Foods among stocks in news on Monday, August 1, 2023.
Adani Total Gas, Thermax, PVR INOX Q1 Results, DB Corp, JK Cement ex-dividend stocks in Top News on Aug 1: Nifty, PM Modi to receive Lokmanya Tilak National Award, Redmi 12, Moto G14 launch in focus.
Hot stocks today:Benchmarks indices fell in early deals on Wednesday. Tata Chemicals, KPIT Tech, Steel Strips Wheels, Brightcom Group among hot stocks on Wednesday, June 14, 2023.
Shares of Sula Vineyards would turn ex-dividend today. Sula Vineyards had announced a final dividend of Rs 5.25 per share and the record date for the same is today. The dividend will be paid on July 20.
Stocks to buy today: Stock brokerages have come out with research reports on select stocks namely PI Industries, Finolex Industries, Anupam Rasayan India, and Home First Finance Company. Watch this Visual Story to see what what brokerages said about these counters.
Aurobindo Pharma on the weekly chart has decisively broken out above the medium term 'falling channel' at Rs 485 with strong bullish candle indicating a positive bias.