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Investing Insight

The stocks of companies engaged in the petrochemicals business have gained in last three months on the Bombay Stock Exchange (BSE).

Share price of Bayer ABS jumped from Rs 81.90 on July 1, to yesterday's close of Rs 100.95, up 23.26 per cent on the Bombay Stock exchange (BSE).

During the same period the stock price of Bhansali Engg Polymers rose from Rs 19.00 to Rs 20.00, up 5.26 per cent, Chemplast Sanmar increased from Rs 15.27 to Rs 28.90 up 89.25 per cent and Diamines And Chemicals gained from Rs 21.20 to Rs 33.35, up 57.31 per cent.

Share price of Finolex Industries gained from Rs 57.65 to Rs 65.55, up 13.70 per cent, Manali Petrochem increased from Rs 3.90 to Rs 7.62, up 95.38 per cent, Rama Petrochem moved from Rs 1.24 to Rs 2.54, up 104.8 per cent and Shin Ho Petrochemical (I) depreciated from Rs 3.50 to Rs 3.05, down 3.85 per cent. TN Petro rose from Rs 19.50 to Rs 21.70, up by 11.28 per cent.

NOCIL rose from Rs 12.45 to Rs 22.60 up by 81.52 per cent and Polychem rose from Rs 27.00 to Rs 31.15. At the same time Unimers India increased from Rs 2.88 to Rs 3.25 and Narmada Chematur Petro rose from Rs 12.89 to Rs 20.95.

IPCL increased from Rs 150.35 to Rs 212.10 up by 41.07 per cent and Ciba Specialty Chemicals rose from Rs 114.90 to touch Rs 149.05.