Chemcon Speciality Chemicals, the chemical story I am betting on
Chemcon Speciality Chemicals Limited is a manufacturer of specialized chemicals, such as HMDS and CMIC which are predominantly used in the pharmaceuticals industry, and inorganic bromides used as completion fluids in the oilfield industry. It is the only manufacturer of HDMS in India and top 3 worldwide, which finds application in the semiconductor industry. It has recently done a capex and new product are going to be commercialized in coming financial year.
The chemical sector is reviving after a long pause and consolidation. The stock price has seen tremendous correction and most of them are available at mouthwatering valuations now seeing future growth. I am going long with Chemcon, a small cap company with huge growth potential.
The chemical sector is reviving after a long pause and consolidation. The stock price has seen tremendous correction and most of them are available at mouthwatering valuations now seeing future growth. I am going long with Chemcon, a small cap company with huge growth potential.