Chemplast Sanmar

Recently, Tata Steel experienced a significant decline, dropping nearly 22 points after forming a double top at the 180 level.

The uptick in the share price came after the company announced that its board has approved raising of funds worth up to Rs 1,000 crore

The new production block is designed and constructed based on best-in-class safety standards for such a facility

For the full year, revenues were lower by 16% as compared to the last year - however, sales volumes of almost all the products were higher on a Y-o-Y basis

Company estimates commercial supplies will start from the fourth quarter of 2023-24

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

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