Favourable outcome of dumping probes appears to be the key growth catalyst in the near term
                                                                                            
                                                                                            
                                                                                            Among the end markets, the pharmaceutical sector has shown stable demand, but the agrochemical segment remains fragile
                                                                                            Deven Choksey recommended accumulate rating on Balaji Amines with a target price of Rs 1612 in its research report dated June 10, 2025.
                                                                                            
                                                                                            
                                                                                            Stocks to watch, 29 May: Stocks like Bharat Rasayan, HeidelbergCement India, Birlasoft,Som Distilleries and Breweries, Natco Pharma, Deepak Nitrite, RITES, Aurobindo Pharma, IndusInd Bank, Steel Authority of India, Avanti Feeds, Insecticides India, Balaji Amines, Cummins India, ITC, ADF Foods, Mishra Dhatu Nigam, and Unified Data Tech Solutions will be in focus on May 29.
                                                                                            Stocks to Watch, 4 Apr: Stocks like L&T Finance, Vedanta, RBL Bank, Bandhan Bank, SH Kelkar and Company, Jio Financial Services, GR Infraprojects, UltraTech Cement, Balaji Amines, Sai Life Sciences, Nestle India, Jupiter Wagons, Thermax, and Ami Organics will be in focus on April 4.
                                                                                            
                                                                                            KR Choksey recommended accumulate rating on Balaji Amines with a target price of Rs 1640 in its research report dated February 14, 2025.
                                                                                            Balaji Amines' Q3 earnings show disappointed investors heavily due to a fall on all key parameters of revenue, profit and profitability.
                                                                                            Stocks To Watch, Feb 13: Stocks like Bharat Forge, Landmark Cars, Endurance Technologies, Balaji Amines, SKF India, IIFL Finance, Godawari Power & Ispat, PTC India, Suven Pharmaceuticals, SH Kelkar and Company, ITD Cementation India, Godrej Industries, Crompton Greaves Consumer Electricals, and Tata Power Company will be in focus on February 13.
                                                                                            
                                                                                            The company appears to be future-ready with significant investments in higher-margin products without denting its balance sheet
                                                                                            
                                                                                            KR Choksey is bullish on Balaji Amines has recommended buy rating on the stock with a target price of Rs 2328 in its research report dated November 20, 2024.
                                                                                            Stocks like Grasim Industries, Sobha, Nazara Technologies, Lemon Tree Hotels, Balaji Amines, ITI, Easy Trip Planners, Swan Energy, Avanti Feeds, Anupam Rasayan India, and Hindustan Zinc will also be in focus on November 18.
                                                                                            
                                                                                            The medium-term growth driver is a series of projects, which are getting commissioned in the near term. Also, the company has a significant surplus capacity that can gain traction from a gradual global recovery.
                                                                                            KR Choksey is bullish on Balaji Amines has recommended buy rating on the stock with a target price of Rs 2,569 in its research report dated August 09, 2024.
                                                                                            
                                                                                            The company has a significant surplus capacity, which can gain traction from the China-plus-one theme and a gradual global recovery. This should help in operating leverage over the years
                                                                                            Since the notable green candle on June 7, 2024, the Nifty 50 has been inching higher but closing in the red, with nine consecutive indecisive red candles. This pattern may not bode well for the markets in the coming sessions.
                                                                                            The Nifty 50 is expected to consolidate further, with support at 23,300 and resistance at 23,650. Here are some trading ideas for the near term: