Moneycontrol PRO

Weekly Tactical Pick: Time to look at this diversified aromatic chemical company?

The impact of high-cost inventory is waning and the medium-term growth pro-spects are bright

May 26, 2023 / 09:50 AM IST
Weekly Tactical Pick: Time to look at this diversified aromatic chemical company?

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

One of the takeaways from the current earnings season is the sense that the worst may be over for the chemical sector. In the recent past, the chemical sector had been struggling with high-cost raw material inventory, elevated freight and energy costs, slowdown in discretionary demand, and the resultant de-stocking of channel inventory. For a number of companies, there has been a sequential improvement on all these counts in the quarter gone by. Positive cues from the Q4FY23 results make...

  • PRO Panorama

    Moneycontrol Pro Panorama | The gap between sentiment and data

    Jun 9, 2023 / 02:52 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Indian startups face headwinds, defiant Indian economy not yet out of the woods...

    Read Now
  • PRO Weekender

    Moneycontrol pro Weekender | Hop, skip or pivot? 

    Jun 10, 2023 / 10:14 AM IST

    The markets will dance to the Fed's tune next week

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers