Lower input costs, capex to boost specialty chemical stocks

Business


Aarti Industries’ management remains confident of embarking on a strong growth trajectory from FY22 given improvement in demand across specialty chemicals and pharma.

Synopsis

Aarti Industries, Alkyl Amines, Balaji Amines, Navin Fluorine, Galaxy Surfactants, Sudarshan Chemical, NOCIL and Deepak Nitrite are among the top picks.

Mumbai: Specialty chemical companies have witnessed a smart recovery in operations, with cost benefits accruing from benign raw material prices and lower travel-related expenses fattening their margins.“The chemicals sector, which saw dual effects of the Covid-related economic downturn and disruption in chemical supply chain in the first half of 2020, was among the first few that returned to normalcy,” said Nilesh Ghuge, analyst, HDFC

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