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Tata Chem, Alkyl Amines: These chemical stocks may rally another 25%

Improved business sentiment amid low Covid-19 cases, favourable government policies, and a huge export opportunity are acting as the much-needed impetus for the Indian specialty chemicals industry, believe analysts who expect the industry to grow at a healthy double-digit rate over the medium term. “We expect the industry to grow on a compound annual rate of 12 per cent and reach $65 billion by FY25, from the current $32 billion,” says Mitesh Shah, research analyst at ICICI Securities.  Chemical companies catering for personal care, pharma and agrochemicals have wi.....

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