Chemcon Speciality Chemicals

Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each

On December 30, 2020, Plutus Wealth Management LLP purchased 1 million equity shares, representing 2.7 per cent stake of Chemcon Speciality Chemicals, for Rs 43 crore on the NSE via bulk deal

Chemcon Speciality Chemicals slipped 5 per cent to Rs 398.65 on the BSE today. The stock of the speciality chemicals has slipped 46 per cent from its listing day's high of Rs 743.80 hit on October 1

The stock slipped 12 per cent to Rs 516, thereby falling 31 per cent in the past two trading days on the BSE.

Listings of Route Mobile, Happiest Minds and Rossari Biotech generated stellar returns for investors previously

All that happened in the markets today

The Rs 318 crore IPO had received robust response from the investors and was over-subscribed by 47 times

Cinema and leisure related stocks are expected to trade actively today after the central government announced Unlock 5.0 guidelines

CAMS's IPO, the biggest in FY21 so far and worth Rs 2,242 crore, was subscribed 47 times while Chemcon IPO was subscribed 149 times

CAMS provides financial infrastructure and services to mutual funds (MFs) and other financial institutions and is India's largest registrar and transfer agent (RTA) of MFs

The firm is a manufacturer of specialised chemical products

Chemcon Speciality is the only manufacturer of HMDS in India & 3rd largest worldwide. Besides, it is the largest player of CMIC in India. Both these chemicals are predominantly used in pharma sector