Promoters held 67.65 per cent stake in the company as of 30-Sep-2021, while FIIs owned 3.37 per cent, DIIs 4.11 per cent. RelatedBuy Rashtriya Chemicals & Fertilizers, target price Rs 145: Anand Rathi Stock recommendations: Buy Sobha, target price Rs 902: ICICI SecuritiesBuy Infosys, target price Rs 2230: HDFC Securities ICICI Securities has buy call on Gujarat Fluorochemicals with a target price of Rs 3356. The current market price of Gujarat Fluorochemicals is Rs 2878. Time period given by analyst is one year when Gujarat Fluorochemicals Ltd. price can reach defined target. Gujarat Fluorochemicals Ltd., incorporated in the year 2018, is a Mid Cap company (having a market cap of Rs 31362.18 Crore) operating in Chemicals sector. Gujarat Fluorochemicals Ltd. key Products/Revenue Segments include Other Products, Gases Refrigerant, Caustic Soda, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2021. Financials For the quarter ended 31-12-2021,...

The Alkali Manufacturers Association of India’s two-day conference-cum-exhibition on “Corrosion Challenges and Advancement in Corrosion Combating Materials” in Ahmedabad received massive response from the industry. The conference witnesses the participation of industry leaders, subject experts, thought leaders,   and professionals from across the cross section of the industry. According to Alkali Manufacturers Association of India (AMAI), the conference is being attended by 200+ delegates from 75+ organizations from all over India. Delivering his welcome speech, Ajay Virmani, President, AMAI and Managing Director, Lords Chloro Alkali Ltd., said: “As per various studies and estimates, every year, corrosion costs India about 4% of its GDP. The maintenance and replacement of assets affected by corrosion are major deterrents to the growth of our economy. It is also estimated that corrosion leads to losses worth US$ 100 billion annually in India.” Vi...