Do you own any of the three chemical multibaggers that made fresh all-time-high on August 17?
Additionally included is a table outlining the spectacular returns these multi-bagger chemical stocks have generated!
The Indian domestic indices opened Wednesday's trading session with decent gains, mirroring the strength of global markets. While Nifty 50 was trading above the 17,900 mark, Sensex reached the crucial 60,000 milestone. Almost every sector was trading higher with BSE Telecom leading the way. On the buyback of equity shares, Route Mobile Ltd was the leading gainer from the telecom pack. A total of 162 stocks touched their respective 52-week highs.
Here are the three chemical stocks that reached not only a 52-week high today but also, an all-time high!
Jyoti Resins & Adhesives
The company manufactures synthetic resin adhesives and several types of wood adhesives (white glue) under the brand name EURO 7000, which was established in 2006 and is now the second-largest selling wood adhesive brand in India in retail segment. The company recently declared a dividend of Rs 7.50 per equity share.
Vishnu Chemicals
Incorporated in 1989, Vishnu Chemicals Limited manufactures, markets, and exports barium compounds & chemicals containing chromium around the world. This Hyderabad-based organisation provides services to more than 12 industries in 57 countries globally.
Deepak Fertilisers & Petrochemicals Corporation
Founded in 1979, Deepak Fertilisers & Petrochemicals Corporation Limited (DFPCL) is India’s one of the leading chemical producers. It produces industrial chemicals, crop nutrition, and technical ammonium nitrate (mining chemicals). Explosives, mining, infrastructure, and healthcare are among the industries where the company's goods are used.
Here is a table outlining the stellar returns these multibagger chemical stocks have generated:
Multibagger Stock |
1 Month (%) |
YTD (%) |
1 Year (%) |
5 Yrs (%) |
Jyoti Resins |
25.78 |
169.9 |
291.8 |
3048.67 |
Vishnu Chemicals |
29.37 |
121.48 |
191.7 |
663.58 |
Deepak Fertilisers |
37.01 |
128.54 |
121.13 |
144.55 |