Are chemical stocks a good buy at this juncture?
We have written about chemical companies on numerous occasions over the last 12-14 months. We thought it’s a good time to do a follow-up story,
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NMDC: Basking in the spotlight as iron ore demand thrives
Considering the annualized 9MFY21 EPS of Rs 15, NMDC is currently available at the Price-to-Earnings multiple of 9 and Price-to-Book (PB) multiple of 1.4. The company has a net worth of Rs 28, 885 crore and has a decent track record of dividend payouts.
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