Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group

Sudarshan Chemical Industries acquires Germany-based world’s second biggest pigment company Heubach Group

Shares of Sudarshan Chemical Industries hit a 20% upper circuit at Rs 1,207.50 on Friday following the announcement of its acquisition of Germany-based world’s second biggest pigment company Heubach Group through an asset and share deal. Heubach GmbH, filed for bankruptcy in Germany in April. In a stock exchange disclosure, Sudarshan Chemical stated that it … Read more

75 smallcap stocks offer double-digit returns in a wobbly market week

75 smallcap stocks offer double-digit returns in a wobbly market week

Equity markets had a positive start to the week, but the sentiments were dampened after the central bank left the key rates unchanged, opting for a more cautious stance on inflation. During the week as many as 75 smallcap stocks delivered double-digit weekly returns with four of them rallying over 25%. Greenlam Industries was the … Read more