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Rossari Biotech shares surge 9%, hit highest level since listing


Shares of Rossari Biotech rallied 9 per cent to Rs 1,199 on the BSE in intraday trade on Wednesday. This is also the stock s highest level since listing on the bourses on July 23 last year. It surpassed its previous high of Rs 1,145.65, hit on February 19.
Thus far in the month of April, the specialty chemicals company s stock has soared 16 per cent in the four trading days, after the company announced full commissioning of its Greenfield manufacturing facility at Dahej, Gujarat.
The Greenfield facility will have a total installed capacity 132,500 MTPA, enhancing the total capacity of Rossari by 2.1x to 252,500 MTPA. A strong upcoming pipeline of new product launches and new business lines within the four core chemistries should enable the Company to sustainably ramp-up utilization levels at the Dahej unit over the next 3-4 years, Rossari Biotech said in a press release. ....

Ramesh Siyani , Arpit Khandelwal , Mutual Fund , Malabar Select Fund , India Acorn Fund , Malabar India Fund , Rossari Biotech , ஆர்பிட் கண்டெழுவாள் , பரஸ்பர நிதி , மலபார் தேர்ந்தெடுக்கவும் நிதி , இந்தியா அகன் நிதி , மலபார் இந்தியா நிதி ,

Anupam Rasayan IPO opens for subscription, should you subscribe to the share sale?


Anupam Rasayan IPO opens for subscription, should you subscribe to the share sale?
Anupam Rasayan IPO comprises fresh issuance of equity shares and proceeds of the issue would be mainly used to pay the debt
BusinessToday.In | March 12, 2021 | Updated 11:48 IST
Anupam Rasayan has fixed a price band of Rs 553-555 for the share sale. The public subscription will close on March 16.
Speciality chemical company Anupam Rasayan opened its initial public offer today. The IPO comprises fresh issuance of equity shares and proceeds of the issue would be mainly used to pay the debt.  The company has fixed a price band of Rs 553-555 for the share sale. The public subscription will close on March 16. ....

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