Buy This Midcap Specialty Chemicals Stock, Target Price Rs 762/ Share, Says Nirmal Bang
Nirmal Bang has picked Anupam Rasayan India Ltd with a " Buy" call for a target price of Rs 762 apiece.
The brokerage sees a robust upside of up to 18% from its current market price.
This is a midcap Specialty Chemicals stock having a market capitalisation of Rs 6,930.39 crore.
The stock of Anupam Rasayan India is currently trading at Rs 651 apiece, up 0 .91% from its previous close of Rs 645.15 apiece.
The stock since its listing date, 24 March 2021, has given 23 .6% positive return. In a week, it gained 1 .94% and in 1 month it gained 12 .13%.
However, it declined by 9 .17% in 3 months. Its 52- week low is Rs 546.75 apiece and 52- week high is Rs 936.55 apiece, respectively.
Buy with a target price of Rs 762/ share
Anupam Rasayan India Ltd large higher ( ARIL) is large enough and each CSM provider has its own niche with customers.: which The CSM pie in Agrochem, Pharma and Specialty Chemicals is and each CSM company.
The theme of small cap CSM player ( a)) from the zoom highlight meeting with the management of the brokerage has said.
Disclaimer
The stock has been picked from the brokerage report of Nirmal Bang.
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article.
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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt