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Sumitomo Chemical India: Long-term opportunity despite near-term headwinds

Lekha Badlani-Jhamnani   •

Opportunity to supply technicals to its parent company showcases export potential, but near-term risks prevail

Sumitomo Chemical India Ltd’s Q3FY23 results were quite weak driven by high channel inventory because of weak demand in the last Kharif season owing to erratic rainfall. (Representative image)

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Disclosure & Disclaimer

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