These chemical sector multibagger stocks have skyrocketed up to 777% in just one year!

Multi-bagger Stocks

Stock Recommendations
by 5paisa Research Team Last Updated: Feb 25, 2023 - 11:40 am 144 Views

Domestic benchmark indices were trading flat on Friday and the broader markets were trading mixed, with the BSE Midcap index down 0.04% and the BSE Small cap index up 0.10%

The benchmark indices were trading flat on Friday, with the Sensex down around 13 points or 0.02% at 59,593.17, and the Nifty up 23 points or 0.13% at 17,488.25.

Top gainers and losers On BSE Sensex Index are as follows:

Top Gainers on BSE Sensex are Axis Bank Ltd, Asian Paints ltd and Bajaj Finserv Ltd and the top losers on BSE Sensex are Maruti Suzuki India, Tata Motors and Tata Steel.

In India, the market for chemicals and petrochemicals is currently valued at about USD 178 billion and is projected to reach USD 300 billion by 2025. For the following ten years, domestic demand is anticipated to increase by 8% CAGR in India's petrochemicals sector.

Major chemicals were produced in greater quantities during 2022–2023 (through to July 2022), reaching 43.51 lakh tonnes as opposed to 41.15 lakh tonnes during the same period the previous year, an increase of 5.73%. More than half of India's total chemical exports are speciality chemicals.

Following are the chemical sector stocks which gave multibagger returns in the past one year:

Sr. No 

Company Name 

LTP (Rs) 

1 Year Returns (%) 

Advance Petrochemicals Ltd. 

350 

777.19 

Yug Decor Ltd. 

60.85 

231.91 

Bharat Agri Fert & Realty Ltd. 

1114.35 

227.99 

Jyoti Resins & Adhesives Ltd. 

1281.35 

186.72 

Cochin Minerals & Rutile Ltd. 

269.65 

174.17 

Nitta Gelatin India Ltd. 

677.8 

168.65 

The Fertilisers and Chemicals Travancore Ltd. 

236.9 

137.26 

India Gelatine & Chemicals Ltd. 

251.4 

135.72 

Indokem Ltd. 

111.7 

122.07 

10 

Tuticorin Alkali Chemicals and Fertilizers Ltd. 

52.8 

120.46 

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