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Midcap Sector Q1 Result Preview - Specialty Chemicals Growth Intact: Nirmal Bang

Midcap Sector Q1 Result Preview - Specialty Chemicals Growth Intact: Nirmal Bang

<div class="paragraphs"><p>An employee holds a flask of chemical solution at a lab. (Photographer: Alex Kraus/ Bloomberg)</p></div>
An employee holds a flask of chemical solution at a lab. (Photographer: Alex Kraus/ Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We present our Q1 FY22 preview for our mid-cap coverage universe.

We have divided our coverage into three sections:

(1) Specialty Chemicals (2) Specialty Ingredients and (3) Other mid-caps.

Q1 FY22 expectations for our coverage universe are as follows.

From our Specialty Chemicals coverage universe, we expect companies in fluorination space, namely SRF and Navin Fluorine to continue their growth momentum in Q1 FY22, mainly led by Specialty Chemicals and CRAMS.

While SRF’s packaging business growth would be led by overseas capacity, its Technical Textiles business should be under pressure on account of lockdown.

Click on the attachment to read the full report:

Midcap Sector Q1FY22 Result Preview.pdf

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