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Case Study 4 : #Chemcon Specialty Chemicals
CMP – 502.25 (7/6/2021)

(Must read Thread 🧵for #TA & #FA learners)

Fundamentals Sound & Technically Breakout Candidate !

#TechnoFundaInvesting

@drprashantmish6 & @Prakashplutus (views invited)
0⃣Company came out with #IPO last year and listed on 1st October at Rs. 730 against issue price of Rs. 340.

Stock crashed on listing day and then corrected all the way to 400 level.

#Chemcon #StockMarket #TechnoFunda #Investing
1⃣ Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS & CMIC.

Its product portfolio includes oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide), Pharma intermediates, Silanes, & chemicals contract manufacturing work
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