Motilal Oswal - MOSL: Morning India (22/August/22): 1. Clean Science Technology (Focus on RD and green chemistry; to have sustainable earnings impact); 2. India General Insurance (Strong performance in Health and Motor

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Motilal Oswal

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EUR 120.00 For Business Accounts Only

MOSL: Morning India (22/August/22): 1. Clean Science & Technology (Focus on R&D and green chemistry; to have sustainable earnings impact); 2. India General Insurance (Strong performance in Health and Motor

MOrning India (22/August/22): 1. Clean Science & Technology (Focus on R&D and green chemistry; to have sustainable earnings impact); 2. EcoScope (Consumers v/s Businesses in India: Poles apart)

Today’s top research idea

Clean Science & Technology: Focus on R&D and green chemistry; to have sustainable earnings impact

Clean Science (CLEAN)'s FY22 Annual Report highlights its vision to explore growth and expansion opportunities by focusing on process innovation in sync with products.
Launch of new products, capacity expansion of existing products and foray into new product segments backed by a strong R&D pipeline will propel CLEAN into its next leg of growth.
Capacity expansions and new product launches were the highlight of FY22 for CLEAN with a capex of INR140crs undertaken during the year. R&D has been the backbone of the company since its inception which has also helped the company in becoming a pioneer in the HALS segment in India.
We remain neutral on the stock as of now valuing it at 40x FY24 EPS.
Piping hot news

PharmEasy calls off its public offer; to go for rights issue instead
API Holdings, the parent firm of online pharmacy PharmEasy, has decided to withdraw its draft red herring prospectus (DRHP) filed with Securities and Exchange Board of India (Sebi), citing volatile market conditions and ‘strategic considerations’. The DRHP was filed on November 9, 2021. The company has informed its shareholders that it has decided to go ahead with a rights issue instead. Further, API Holdings stated that the rights issue is planned around the first week of September and shall have compulsory convertible preference shares (CCPS) on offer. The issue price would be set at Rs 100 per CCPS

22/08/2022 16 EN

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Motilal Oswal

Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.

Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.

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MOSL: Morning India (22/August/22): 1. Clean Science & Technology (Focus on R&D and green chemistry; to have sustainable earnings impact); 2. India General Insurance (Strong performance in Health and Motor

MOSL : HOME FIRST FINANCE COMPANY: Earnings in-line with sustained improvement in asset quality

MOSL : SHOPPERS STOP: Ticking the right boxes

MOSL : ERIS LIFESCIENCES: Enhanced efforts toward product launch-related activities

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