Orchid Chemicals management did speak to CNBC-TV18 about the CDR. Some of the key takeaways from that conversation was that according to the company the CDR package which is the corporate debt restructuring package which Orchid Chemicals has signed up for augurs well for the company.
Orchid Chemical stock price
On March 19, 2014, Orchid Chemicals and Pharmaceuticals closed at Rs 54.45, up Rs 0.85, or 1.59 percent. The 52-week high of the share was Rs 78.25 and the 52-week low was Rs 35.00.
The latest book value of the company is Rs 69.29 per share. At current value, the price-to-book value of the company was 0.79.
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CDR package augurs well for us: Orchid Chemicals
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