Manali is the only chemical stock i have in PF, where i recently bought some, @~93, ~1% of PF. In my understanding its few in chemical sectors which are bouncing from bottom, to me its part of technical + funda bet.
As per my understanding We have good petrochemical demand going forward, if we look at the India’s manufacturing push as a whole.as govt is mulling anti-dumping duty on flexible slabstock polyol(i havent study details on its impact on manali but if implemented it would be nice for it)
Here are threads on VP >Manali Petro- Capacity Expansion – #35 by nitin_g, 52 week highs and all time highs strategy – #937 by hitesh2710
and guess what ?, i am the new recruit to equity investments. so you know it cant be an expert view or recommendation, !
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