6 Specialty chemicals stocks to bet in 2016
As per analysts, India's specialty chemicals industry could be big theme in 2016-2017.
The specialty chemicals industry is worth $25 billion and the industry has delivered 13% growth over the past five years.
Over the next 12 months, investor can get good returns in the specialty chemicals theme. Here is a list of stocks from various analysts under speciality chemicals theme that investors can look at:
Stock
Target
CMP
Upside
Rationale
SRF
1700
1279
33%
Rapid progress which has been made in the high-margin fluoro-speciality and refrigerant gases will drive value growth. Steady free cash flow from technical textiles will also supplement capacity expansion in fluoro-speciality. Phillip Capital estimates SRF to deliver revenue and profit CAGRs of 14% and 22% respectively over FY16-FY...