Yahoo Finance: Orchid Chemicals & Pharmaceuticals Ltd. (ORCHIDPHAR.NS)

Yahoo Finance provides a platform for tracking the performance and accessing information related to Orchid Chemicals & Pharmaceuticals Ltd., traded on the National Stock Exchange of India (NSE) under the ticker symbol ORCHIDPHAR.NS. However, it's crucial to understand the current status of this company.

Delisting and Acquisition

Orchid Chemicals faced significant financial difficulties and underwent insolvency proceedings. In March 2019, Resolution Professional (RP) managed the resolution process. The company was subsequently acquired by Dhanuka Laboratories Limited through the Corporate Insolvency Resolution Process (CIRP).

As a result of the acquisition and restructuring, the original equity shares of Orchid Chemicals were delisted from the NSE and BSE (Bombay Stock Exchange). This means that the ticker symbol ORCHIDPHAR.NS, while still present on Yahoo Finance, represents historical data and is no longer actively traded.

Information Available on Yahoo Finance

While the stock is delisted, Yahoo Finance may still contain historical data such as:

• Historical Stock Prices: Charts and tables showing past price movements, including opening price, closing price, high, low, and trading volume. This data can be used for historical analysis but does not reflect current market activity.
• Company Profile: A brief overview of Orchid Chemicals' business, including its industry (pharmaceuticals) and a description of its operations. This information may be outdated.
• Financial Statements: Historical balance sheets, income statements, and cash flow statements. Again, this data reflects the company's past financial performance before the acquisition.
• News and Analysis: Archived news articles and analyst reports related to Orchid Chemicals. It's essential to consider the date of publication when reviewing these resources, as they may no longer be relevant.

Important Considerations

It is crucial to avoid any misunderstanding that ORCHIDPHAR.NS is currently an actively traded stock. The information available on Yahoo Finance pertaining to this ticker is primarily historical.

Investors and researchers should focus on Dhanuka Laboratories Limited to understand the current business that incorporates the assets and operations acquired from Orchid Chemicals. Dhanuka Laboratories has integrated Orchid Chemicals' capabilities into their broader business strategy.

Always verify information from multiple sources and consult with a financial advisor before making any investment decisions. Don't rely solely on historical data for companies that have undergone significant restructuring or acquisition.

Conclusion

Yahoo Finance offers historical data on Orchid Chemicals & Pharmaceuticals Ltd. (ORCHIDPHAR.NS). However, users must recognize that the company's original equity shares were delisted after being acquired by Dhanuka Laboratories. The information is valuable for historical analysis but does not reflect an active, tradable stock.