InvestorQ : Why did Alkyl Amines, Balaji Amines and Navin Fluorine rally so sharply on Monday?
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Why did Alkyl Amines, Balaji Amines and Navin Fluorine rally so sharply on Monday?

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5 months ago
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Specialty Chemical companies rallied sharply on Monday with Alkyl Amines, Gujarat Fluoro, Balaji Amines and Navin Fluorine hitting new life time highs on the NSE. This rally came on the back of expectations of strong earnings and double digit volume growth. Companies like Navin Fluorine expect strong revenue growth in their CRAMS portfolio. However, higher crude means higher input costs and that could dent OPMs by 100-200 bps in Q1.

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