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Bond Baba: Is Unichem Buyback Worth a Peck?


Unichem - A specialty pharmaceutical company, specialized in niche therapy areas of cardiology, neurology, orthopedics and anti-infective. Unichem has recently concluded its sale of domestic business (including Nepal business including Sikkim) to Torrent Pharma. While the deal was finalized for Rs 3,600 Cr, Unichem came out with buyback offer to enhance the shareholders value post sale . . .

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