Jubilant ingrevia
#jubilantingrea

Equirus initiates with target of 1,013rs

Expects the specialty chem to drive the growth
Lowest cost producer of pyridine derivatives with 20-80% mkt share

Nutrition n health science to grow steadily

Big volume growth expctd

Capex beneficiary

North American Energy Drink Industry

~ US$15B market & the fastest-growing non-alcoholic
beverage category, expected to grow at 8.1% CAGR to
US$19.4 billion in 2024

~ Jubilant Ingrevia serve 20+ customers for energy drinks & breakfast cereals globally