IDBI Capital initiates coverage on specialty chemicals space with these 5 stocks; sees up to 35% upside
Updated: 27 Jul 2023, 08:36 AM IST
Chemical industry is poised for growth & has potential to become $1 tn market by 2040 with CAGR of 8-10% over 2021-40. As per IDBI Capital, companies with strong expertise, and financial discipline will be the winners. It initiated coverage on chemical stocks with 3 ‘buy’ & 2 ‘hold’ calls.