Navin Fluorine, SRF, PI Industries and other chemical stocks came under heavy pressure on Thursday after the US imposed a 27 percent reciprocal tariff on India.
The index aims to track the performance of stocks from the Nifty 500 that form a part of the chemicals sector
Budget 2025: Industry experts had high hopes for a PLI scheme to support the chemical sector’s recovery amid ongoing challenges and signs of revival.
Morgan Stanley has raised price targets for some chemical stocks but also warned that the sector's earnings have not yet been fully de-risked.
Rallis India shares fell as HSBC put a 'reduce' rating on stock with a target price of Rs 251 per share due to industry challenges.
Consequent to the acquisition, Godrej Tyson Foods has become a wholly-owned subsidiary of Godrej Agrovet
Amid the uptrend in the sector, Nuvama Institutional Equities maintains a cautiously optimistic view on the sector, noting that the global agrochemicals industry continues to face pressures from high inventories and logistical challenges.
The proposed duty of $217 per metric tonne for most companies exporting IPA from China is seen as a significantly positive development for manufacturers like Deepak Nitrite and Deepak Fertilizers.
Sharda Cropchem's profit-after-tax slipped 28 percent to Rs 143 crore in Q4FY24 as against Rs 198 crore in Q4FY23, beating Street estimates of Rs 63 crore
"The stock market is a no-called-strike game. You don't have to swing at everything -- you can wait for your pitch." – Warren Buffett
Things are better in the hydro fluro carbon (HFC) space in terms of pricing, but volumes are yet to pick up
While the near term pain for chemical stocks is expected to continue due to a demand slowdown and pricing pressure in the sector, the long-term outlook looks bright amid expectations of a strong recovery and capex plans.
Indian chemical sector stocks have had a phenomenal run till 2021-22, but since then, most of them have been underperforming
Agricultural chemicals tend to have a quicker turnaround from production to use, but there can be variations in how much of it is available in the supply chain
Chemical stocks have struggled in the recent market rally but, unlike the underperforming IT sector where a section of the market feels it is time to start looking for bargains, investors aren’t sticking their neck out in the chemicals space yet
JM Financial’s Krishan Parwani is bullish on fluorination companies, as they are expected to benefit from the imminent hydrofluorocarbon (HFC) cuts in the EU and the US
There is a saying in the stock market that irrespective of whether an investor makes or loses money on a trade, the broker always makes money on it. Something similar seems to be playing out in the FMCG space
Broker Phillip Capital warns that the specialty chemical Industry is all set to face one of the worst quarters as demand from the US and EU has slowed down, and oversupply from China is driving the prices lower
After a period of lull when investors were wary of getting into realty stocks, sentiment has changed for the better
There are a few positive developments, both at the macro and micro levels, which investors should take note of
NOCIL is looking through the current soft phase and aiming to address the shortfall in capacities, post FY24
Investors should watch out for market-wide gyrations to accumulate Aarti Industries’ stock. Given the elevated multiples, accumulation should be done with an investment horizon of three-five years. We believe such a vesting period is warranted to harness the diversified chemical behemoth’s foray into downstream value-add products and the optionality of value unlocking in pharma space.