Until recently, investors had skewed preference for chemical stocks exposed to pharma, agro, and hygiene applications. However, with the gradual opening up of the economy, chemical stocks are dealing with discretionary demand and offering relative value. In this context leading rubber chemical company, NOCIL fits in.
The domestic market share of this company has reached up to 40 percent in spite of high supplies from China. Also anti-dumping duty aids better pricing scenario.
Moneycontrol.com’s Anubhav Sahu gives more details in the special segment ‘Moneycontrol Pro Ideas For Profit’.
To know more, watch the video.
First Published:Nov 23, 2020 12:13 PM IST