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6 Stocks From Specialty Chemical Sector Showing Upside, Buy For Up To 79% Return, Says KR Choksey
Leading brokerage firm KR Choksey is positive on the Specialty Chemical Sector. The brokerage has assigned a "Buy" on 6 stocks from the sector. The brokerage sees up to 79% upside in the share price of these 6 stocks with the given target price. These stocks are UPL, Supreme Petrochem, Balaji Amines, Rossari Biotech, Laxmi Organic Industries, and Anupam Rasayan India.
1. UPL Ltd
KR Choksey assigns a "Buy" on the stock with a target price of Rs 1,041/share. The stock with the given target price is likely to give a return up to 39% if purchased at the current market price. The stock is currently trading at Rs 751/share on NSE. Its 52 week low is Rs 607.50/share and 52 week high is Rs 84/share, respectively. It has given 4.96% in 1 week. In 1 year it fell 4.76%. In 3 years it grew 38.22% and in 5 years it grew 39.26%.
2. Supreme Petrochem Ltd
KR Choksey estimated a target price of Rs 437/share with a "Buy" call on the stock. It claims up to 18% upside in the share price from its current level. The stock is currently trading at Rs 372.85/share on NSE. Its 52 week high is Rs 470.98/share and 52 week low is Rs 337.50/share, respectively. It gave 7.13% in the last 1 year. It gave the highest 297.39% returns in 3 years. Whereas, in 5 years it gave 85.83%.
3. Balaji Amines Ltd
The brokerage placed a "Buy" on the stock with Rs 4,313/share target price. The stock is likely to give a return up to 79% if purchased at the current market price. The stock is currently trading at Rs 2,412.40/share on NSE. Its 52 week low is Rs 2,330.05/share and 52 week high is Rs 3,844/share, respectively. In the last 1 year, it has fallen 24.46%. In 3 years it gave robust 417.97% returns. In 5 years it gave 229.35% positive return.
4. Rossari Biotech Ltd.
KR Choksey has placed a buy on the stock with Rs 1,252/share on the stock of Rossari Biotech. If you buy the stock at the current market price, it is likely to give a return up to 75% considering the given target price. The stock on NSE is trading at Rs 715/share. Its 52-week high is Rs 1,256.60/share and 52 week low is Rs 648/share on NSE, respectively. The stock was listed on 23 July 2020. Since its listing, it has fallen 3.59%. In the last 1 year, it has fallen 40.74%. However, in the last 1 month, it grew 5.11%.
5. Laxmi Organic Industries Ltd.
The brokerage has a "Buy" on the stock of Laxmi Organic with a target price of Rs 380/share. The stock with the given target price is likely to give a return of up to 30%. The stock is currently trading at Rs 293/share on NSE. Its 52 week low is Rs 274.20/share and 52 week high is Rs 501.05/share on NSE, respectively. The stock since its listing on 25 March 2021 has given 78.05% positive returns. However, in the last 1 year, it fell 29.73%. In the last week, it grew 2.12% and 5.52% in 1 month.
6. Anupam Rasayan India Ltd
KR Choksey assigned a buy on the stock of Anupam Rasayan with a target price of Rs 941/share. With the estimated target price, the stock is likely to give a return up to 51%. The current market price (CMP) of the stock on NSE is Rs 624/share with 52 week low at Rs 546.75/share and 52 week high at Rs 1,107.55/share. It was listed on 24 March 2021. Since its date of listing it has given 18.57% positive return. However, in the last 1 year, it fell 35.74%. In the last 1 week, it fell 6.2%.
Disclaimer
The stocks have been picked from the brokerage report of KR Cooksey. Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.
