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MFs raise stakes in 70% Nifty smallcap, midcap stocks in Q3, despite caution

Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.

Hold Jubilant Ingrevia; target of Rs 433: Prabhudas Lilladher

Prabhudas Lilladher recommended hold rating on Jubilant Ingrevia with a target price of Rs 433 in its research report dated January 30, 2024.

Jubilant Ingrevia Q3 PAT may dip 48.8% YoY to Rs. 46.8 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 22 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 903.8 crore, according to Prabhudas Lilladher.

Jubilant Ingrevia Ltd. engages in the provision of life science products and solutions. The company operates through the following segments: Speciality Chemicals, Nutrition and Health Solutions, and Life Science Chemicals. The Speciality Chemicals segment manufactures pyridine and picolines, fine chemicals, and agro chemicals. The Nutrition and Health Solutions segment offers nutrition and health ingredients, as well as animal and human nutrition health solutions. The Life Science Chemicals segment includes acetyls and specialty ethanol. The company was founded in 2019 and is headquartered in Noida, India.

Jubilant Ingrevia Ltd.

Volume	555,323.00
52-Wk High	617.00
52-Wk Low	406.15

JUBLINGREA.NSE Jubilant Ingrevia Ltd.

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