JB Chemicals: Limited Upside for Now
Moneylife Digital Team 20 October 2021
JB Chemicals & Pharmaceuticals Ltd (JBCPL) is a great example of how change in management can alter market perception towards the company. In 2020, KKR bought 54% stake from promoters of JBCPL for Rs3,100 crore. From the date of announcement of the acquisition (2 July 2020) to the present day, the share has more than doubled. JBCPL was considered a conservative company under the previous...
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