Economy · India
Astral Falls on Demerger Announcement
Astral, a company with a significant chemicals business, has announced a demerger of its chemicals division. The announcement led to a decline in the company's share price, with some outlets suggesting it may be a buying opportunity. However, others highlight the need for approval and potential implications on shareholder value.
How outlets across the spectrum covered it
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- Centre (3): Business Standard, Mint, The Free Press Journal
- International (1): Bloomberg