Additionally, it said that US agrochemical companies are increasingly opting for outsourcing and favoring asset-light models, which the brokerage believes benefits Indian specialty chemical companies with the increased addressable market. Also Read: Will power, defence, railway stocks sustain investor interest after sharp rally? It highlights that estimates for Indian chemical […]
SRF
The industry body Association of Mutual Funds of India (AMFI) classifies largecap companies as those ranked from 1-100 in market capitalization. As per the classification, Midcap companies are the next from 101-250, while those ranked from 251 onwards are classified as Smallcap companies. Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, […]
Morgan Stanley’s latest report on chemical stocks reflects cautious sentiment, foreseeing ongoing challenges for the sector in the near term. It believes that the chemicals sector is still not out of the woods and advises remaining on the sidelines until an earnings upgrade cycle occurs. The brokerage also expressed a […]