The stock is up by 76 per cent from its 52-week low of Rs 100 per share and gave multibagger returns of over 1,200 per cent in a decade.

Even though the market has been unreliable ever since the pandemic created a tidal wave of disruption, the chemical industry has unquestionably remained resilient and chemical stocks have continued to outperform. Mandar Wagh explains how government initiatives, the China Plus One strategy and India’s proximity to the Middle East would all contribute to further growth in this sector 

It operates in 70 countries and about 42 per cent of the company's revenue as of FY22 comes from international markets.