Phase-1 of project slated to be completed by Q2 of FY24
The company's total income saw a 35 per cent increase to Rs 1,816 crore during the quarter under review, as against Rs 1,350 crore in the fourth quarter of 2020-21
On Wednesday, September 1, 2021, Chemplast Sanmar announced that it has redeemed the entire outstanding NCDs that were issued in December 2019 by the company
Out of the eight companies that debuted on bourses in August, five listed at a discount. Aptus Value Housing Finance, Chemplast Sanmar, Nuvoco Vistas, Windlas Biotech and CarTrade Tech made tepid debuts, disappointing investors who often lap up IPOs for a listing pop. According to some analysts, the listing "honeymoon" might just be over. So, what's behind the underperformance? Experts explain
The stock listed at Rs 525, a 3 per cent discount against its issue price of Rs 541 on the BSE
The BSE SmallCap index, which was down over 3 per cent at one point during the day, ended just 0.83 per cent lower.
Chemplast Sanmar IPO: Sustainability of financial performance and strong cash flow would be the key catalyst for valuation re-rating, say analysts