Chemcon Speciality Chemicals: Wide Moat?
In a year that saw a pandemic upend financial markets and economies around the globe, some 14 companies in India launched initial public offerings (IPOs). Four of these were subscribed more than 150 times. Many companies saw healthy listing gains. One such company is Chemcon Speciality Chemicals Ltd (Chemcon) which recorded a bumper 115% premium over its issue price. Interestingly, the...
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