In the near term, HSCL could continue to benefit from the demand-supply mismatch in Europe. HSCL’s long-term plan is to diversify into new-age businesses. This can have a long gestation period and face technological challenges
The dominant presence in some of the pharma intermediate molecules. ‘Europe plus one’ is taking traction for Chemicals. Multi-year contract with Fermion for one of its patented products. Gained traction in the electrolyte additives business. Gradual pickup in pharma demand after a recent lull. In specialty chemicals, company is expanding on the clientele side.