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Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Dynamic Levels maintains buy on Sudarshan Chemical Industries
Sudarshan Chemical Industries is a leading colour and effect pigment manufacturer in India. It is a leader in the domestic pigment manufacturing industry with 35 per cent market share. Given the low per capita income spending in India on paints, there are opportunities for growth in the pigment industry. Company aims to grow return on capital to more than 30 per cent in next 2-3 years.