Equity Analysis /
India

IN : Chemicals - Overall - Q3 commodity chemical spreads are volatile

    CGS-CIMB
    13 January 2022
    Published byCGS-CIMB

    Chemical spreads are a mixed bag this quarter. While Aarti and Atul can show qoq improvement in gross margin, for Deepak Nitrite it can be flat qoq. Among new listings, Clean Sciences (UNRATED) can show qoq improvement in margin, but in case of Chemplast (UNRATED) it can, at best, be flat. Given high valuations, quarterly results have become very important for stock performance.