Archean Chemical Share Price Target 2023, Archean Chemical Share Price Target 2024, Archean Chemical Share Price Target 2025, Archean Chemical Share Price Target 2030
Listed at a price of Rs 450 a share, Archean Chemical Industries Pvt Ltd made an impressive debut on the stock exchanges. The company manufactures and distributes industrial salt, sulphate of potash, and bromine. The company has a manufacturing facility in Gujarat that is based on the brine deposits in the Rann of Kutch. The company’s products are used across the glass manufacturing, casehardened steel, pharma, and fertilizer industries. Archean Chemicals is a leading
specialty marine chemical manufacturer and one of the largest exporters of bromine in India. Archean Chemicals has an established infrastructure and experienced management team, which should bode well for its future growth. Archean Chemicals is a large company with an annual turnover of Rs 1,647 crore. The company manufactures and distributes a wide variety of products in the marine chemical sector, and has a global customer base of 18 in 13 countries.
It has an experienced management team that has managed to grow the company at a good pace. Archean Chemicals has also developed an infrastructure and integrated its production processes to ensure smooth operations. Archean Chemicals has plans to expand its operations and product lines. Archean Chemicals has established a large base of loyal customers and investors.
Archean Chemicals has a price target of Rs 550 to 570 per share. The company hasalso established a reputation for providing investors with an attractive valuation. Archean Chemicals is expected to list its shares on the top stock exchanges in November 2022. The company is expected to raise a total of Rs 805 crore through its IPO. The company plans to use the proceeds of the IPO for the redemption of NCDs.
The company has a strong balance sheet and an established position in the marine chemicals sector. Archean Chemicals is expected to make a positive contribution to India’s economic growth. Archean Chemicals is expected to make the most of the new market opportunities offered by the IPO. The company plans to use the IPO proceeds to redeem NCDs, expand the company’s production capacities, and make investments in new plants. Archean Chemicals has a solid position in the marine chemicals sector, with a number of products in the pipeline. Archean Chemicals is also expected to benefit from the rising demand for chemicals in the fertilizer industry.
The company has made a strong start and has a strong track record for financial performance. Archean Chemicals has also managed to create a market for its products, with a number of retailers incorporating its products into their range. Archean Chemicals is expected to maintain a high level of profitability.
The Archean Chemical IPO is a great way for investors to get in on the action at a good price. Archean Chemicals has an established management team, a strong base of loyal customers, and an industry leading position. Archean Chemicals has a priceto-book ratio of approximately 1.0, and the company is expected to make a solid return on investment. Archean Chemicals has a large number of relevant peer companies and should be considered in the long term.
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