The stock, trading at Rs 214 per share, offers a stellar dividend yield of up to 24.8%. The company manufactures and sells high-tech polymer compounds, specifically thermoplastic elastomers (TPEs), serving the automotive, electronics, consumer goods and construction industries with materials for components such as grips, seals, housings and films.
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The combined market valuation of seven of the top-10 most valued firms tumbled by Rs 1.75 lakh crore in a...
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