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What does Aarti’s result hold for the chemical sector?

Valuations are on the fair- to-expensive side and near-term challenges are not priced in, in our opinion. Hence, we downgrade our rating and keep a cautious stance.

August 10, 2023 / 09:49 IST
Aarti Industries’ Q1FY24 result comes as a major disappointment for the company and the sector.
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More