Business Standard

Speciality chemicals firms see gains from coronavirus scare as orders rise

Supply disruption in China, new orders, and expansions are key positives

Specialty chemical companies line up highest ever capex in FY19
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Because of the outbreak of coronavirus in China, supplies from this region have come to a standstill | File photo

Ujjval Jauhari New Delhi
The speciality chemicals segment stands out in the current economic scenario — it is witnessing a rise in orders and expansion of capacities.

In addition to the regular order flows, trends in the global chemicals space are expected to lead to near-term opportunities for Indian companies. Given the expansions, tie-ups with foreign majors, and innovative product launches, analysts believe there could be further upside from the current levels.

Listed speciality chemical players have consistently generated wealth for investors, with the Street taking note of the improvement in the operational performance led by revenue growth and margin expansion. The quarter gone

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