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Expensive valuations may cap near-term upside in chemical stocks: Analysts

However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety

Topics
Specialty chemicals | Deepak Nitrite | Chemical sector

Nikita Vashisht  |  New Delhi 



pharma, chemicals

The breathtaking rally in chemical stocks may be heading towards a short-term breather as valuations turn expensive and financial performance plateaus, caution analysts. However, they remain positive on the sector’s long-term growth story on the back of ramp-up in China’s environmental inspections and specialty chemical players having a healthy margin of safety.

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First Published: Tue, May 11 2021. 06:30 IST

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