Chemical shares in focus; Clariant Chemicals, Balaji Amines rally up to 18%

Jannie Delucca

Shares of chemical substances, commodities as well as specialty chemical substances corporations have been trading actively on Wednesday, surging up to 18 for every cent in the intra-day trade, on the BSE on expectation of superior earnings on again of improved need.

Individually, Clariant Chemical compounds (India) rallied 18 for every cent to Rs 477.90 just after the corporation declared that its board will meet on Saturday, July four, 2020, to take into consideration and declare the payment of unique interim dividend for the financial 12 months 2020-21.

The inventory of the specialty chemical substances was trading shut to its 52-week higher stage of Rs 478.15 touched on February 5, 2020. In the past ten trading times, it has surged 39 for every cent just after the company’s gain in advance of tax (PBT) grew 158 for every cent to Rs 28 crore in the March quarter of FY20 (Q4FY20)

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