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These chemical stocks did wonders in the last 1 year, increased by 468 percent

Multibagger Stock Tips: Market experts remain positive regarding the chemical sector. Brokerage firms expect India’s share in the global specialty chemicals space to double in the next 5 years. In the last one year, the earnings and profitability of companies in this sector have improved significantly.

Chemical sector companies are seeing increasing demand from customers who were earlier buying products from China. In fact, India’s specialty chemical industry has emerged as the biggest beneficiary of the global supply chain shift from China. On a recent basis, the power crisis in China also augurs well for the chemical manufacturers of India. Now we are going to tell you about five specialty chemical stocks that have performed well this year.

Privi Specialty Chemicals:

  • This stock is classified into small cap stocks and has a market cap of Rs 7304 crores.
  • The stock has gained 233 per cent in the last one year.

Deepak Nitrite:

  • The stock is a mid-cap stock with a market capitalization of Rs 39,249 crore.
  • The stock has gained 260 per cent in the last one year.

Balaji Amines:

  • It is a small cap stock with a market cap of Rs 14,645 crore.
  • In the last one year, this stock has gained 468 percent.

Alkyl Amines Chemicals:

  • The stock has gained 220 per cent in the last one year.

Gujarat Fluorochemicals:

  • The stock has gained 314 per cent in the last one year.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)

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