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Company research memos

55 hand-built midcap memos. Filter by verdict, industry, or company. Short news desk notes live under News.

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1 memo of 55

avoid

BHAGCHEM · Agrochemicals

Bhagiradha Chemicals: capex recovery priced at triple-digit earnings

TTM PAT rebounded but ROCE is 5% and borrowings ₹235 cr; at ₹236 base FY27E implies ~73% downside, Avoid.

25 min · Yesterday