These Chemical sector stocks are soaring high in a weak market condition; do you own any of them?
The booming chemical industry in India has ensured that several listed companies from the space create wealth for its shareholders. Chemical sector has churned several multibaggers in past one year and in 2021 as well.
BSE Sensex is down by more than 250 points on Monday while several sectoral indices are trading in red barring BSE Information Technology, BSE Metal, BSE FMCG and BSE Healthcare. Clearly the defensives are outperforming in Monday trading session, on an intraday basis. Several stocks from the chemical industry are seen outperforming the markets in a weak market condition.
Following stocks from the chemical sector are seen outperforming the markets in Monday trading session on an intraday basis:
|
Sr No
|
Upper Circuit Stocks
|
Price Gain (%)
|
|
1
|
Fineotex Chemicals
|
9
|
|
2
|
Kanoria Chemicals
|
5
|
|
3
|
Yasho Industries
|
7
|
|
4
|
Vishnu
|
4.99
|
|
5
|
Ambani Organics
|
4.97
|
|
6
|
Jayant Agro Organics
|
3.93
|
|
7
|
Gujarat Alkalies
|
3.64
|
|
8
|
Thirumalai Chemicals
|
3.53
|
|
9
|
Privi Specialty Chemicals
|
3.38
|
|
10
|
Gujarat Flurochemicals
|
3.32
|
|
11
|
Nocil
|
3.17
|
|
12
|
Balaji Amines
|
3.02
|
|
13
|
Clariant Chemicals
|
2.21
|
|
14
|
Tata Chemicals
|
1.18
|