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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-01-11||Vikram Thermo (India.. +||Nirmal Bang Institutional||133.50||133.50 (33.56%)||Mgmt Note|
Nirmal Bang Institutional
We had a meeting recently with the management of Vikram Thermo (India) based in Ahmedabad to understand its business model and growth plans. Vikram Thermo is a niche player which is into the manufacture of methacrylic acid copolymer-based range of products used in the pharmaceutical industry to address specific drug delivery requirements. These polymers are essentially meant to control the release of API in solid dosage form so as to achieve the desired therapeutic effect. In addition the company also manufactures Diphenyl Oxide (Diphenyl Ether) which is used as a perfumery...