MidCap Q3 Earnings Preview: Expect A Mixed Bag, Says Nirmal Bang
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Nirmal Bang Report
We release our Q3 FY21 preview for our Mid-cap coverage stocks.
We have divided our coverage into two sections as -1.Specialty Chemicals and 2. Other Mid-caps.
Also, we have rolled forward valuations to FY23E earnings
From our Specialty Chemicals coverage universe, we expect companies in the fluorination space, namely SRF Ltd. and Navin Fluorine International Ltd. to continue their growth momentum in Q3 FY21.
Other Mid-cap companies - We expect a strong performance from Mold-Tek Packaging Ltd. in Q3 FY21 on the back of solid demand from paint companies as well as an improved outlook for chocolates and ice-cream orders.
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