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Robust demand trends in chemicals biz, expansions positive for SRF stock

Company has increased capex for the business to tap into new opportunities

Topics
SRF | SRF stock | Companies

Ram Prasad Sahu  |  Mumbai 



Robust demand trends in chemicals biz, expansions positive for SRF stock
The management’s bullishness on the chemical business is reflected in the enhanced capital expenditure (capex) programme for FY23.

Even as the benchmark indices traded in the negative territory – going down close to 1.5 per cent over two days -- specialty chemicals major gained over 4 per cent in trade and was the top gainer in the 100 basket, on Monday. On Tuesday, though, the stock was relatively flat at Rs 2364.

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First Published: Tue, July 26 2022. 09:55 IST

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