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CA Manish Jain Profile picture
CA Manish Jain
@camanishjain4u
Financial Learner with lots of mistakes in investing. Key strength is Portfolio & Risk mgt. Tweets≠Recommendation. Interests: Stocks, Food, Sports, Economics!
Nov 25, 2021 • 13 tweets • 5 min read
#lauruslabs Labs has agreed to buy a 26.6% stake in ImmunoACT (on a fully diluted basis) for a cash considerationfor Rs.46 Cr.

Senior management of Laurus Labs would also invest in ImmunoACT for a 5.64% stake for approximately Rs. 9.75 crore at same price and terms.

#investing Now what exactly ImmunoACT does?

ImmunoACT is an advanced cell and gene therapy company which was founded in 2018 under the aegis of IIT Bombay incubator, Society for Innovation and Entrepreneurship (SINE) by Dr. Rahul Purwar.
Jul 27, 2021 • 5 tweets • 1 min read
Know your company:

#AstralPoly Technik Ltd

Incorporated in 1996, Astral is one of the fastest-growing piping companies in India. The company operates in four verticals—Pipes & Fittings, Adhesives & Sealants, Infrastructure, and Water Tanks. It is the first company to introduce CPVC pipes in the country. Astral has six pipe manufacturing facilities and two units under construction. It has one water tank manufacturing facility under construction apart from two operational facilities. Post Covid-19,