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Nirmal Bang Report
Nirmal Bang Institutional Equities chemical sector Q2 FY21 earnings should be decent, except for commodity companies like Tata Chemicals Ltd., due to -
The front-ended uptrend in demand witnessed in April-June period sustaining in Q2 FY21 - with some moderation - supported by the monsoon gathering further vigour.
Sector volumes being relatively unscathed due to lockdown as agri-related sectors are deemed ‘essential’ and were well supported by the government.
Sector volumes being relatively unscathed due to lockdown as agri-related sectors are deemed “essential” and were well supported by the government.
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