Consistent Compounders: These chemical stocks have delivered a CAGR of more than 30 per cent in the last 5 years!

Have a look at the complete list of stocks delivering returns with a CAGR of more than 30 per cent over the past five years.

In the global chemical sector, China constitutes a substantial share as compared to other countries. Rising environmental concerns have forced many specialty chemical companies in China to cease their activities. As a result of this, the global industries consuming specialty chemicals are trying to obtain more supplies from Indian companies. This has led domestic manufacturers to invest heftily to expand their portfolio of value-added products. Markets are likely to maintain a bullish outlook on the specialty chemicals sector owing to a favorable demand environment to sustain and companies to incur aggressive capex to expand growth. 

To throw some light on the performance of chemical stocks in the past five years, we extracted data and highlighted the companies which have been consistently compounding returns delivering an attractive CAGR of more than 30 per cent. Out of the data we extracted around 21 per cent of companies showed a CAGR ranging from 30.81 per cent to 115.99 per cent. 

Sadhana Nitrochem topped the list recording the highest CAGR beyond 100 per cent in the last five years. Sadhana Nitrochem can be called a penny stock which has skyrocketed from Rs 3.28 to Rs 115 during the period. Though putting a bet on Penny Stocks is not an easy job as a high volatility factor is attached to them, the shares of Sadhana Nitrochem have outperformed its peers and cheered the investors. 

Have a look at the complete list of stocks delivering returns with a CAGR of more than 30 per cent over the past five years -