Business News Desk – On the basis of good global signals, the Indian stock market started trading on a positive note on Thursday (October 17). However, within some time it came into the red due to selling pressure. Amidst these fluctuations in the market, stocks with strong fundamentals can give good returns in the long term. To ensure that investors get good profits on Zee Business, market expert Siddharth Sedani has brought some powerful shares on a new theme this week.
Market expert Siddharth Sedani has chosen the theme ‘Chem’s Gems’ this time. He has included 4 quality stocks Naveen Fluorine, Galaxy Surfactants, Rossari Biotech, Lakshmi Organic. It is advisable to invest in these stocks from the perspective of next 6-12 months. Sedani has told in its theme stock how much allocation should be done in which share.
Why choose Chem’s Gems theme? Market expert Siddharth Sedani says, this year’s theme is on the chemical sector. India is the world’s sixth largest chemical producing country and Asia’s third largest chemical producing country. The chemical sector contributes 7% to the GDP. Its share in industrial production is 14%. There has been a CAGR of 15% in 5 years. 18% CAGR is expected in future. This industry can grow from the current $240 billion to $310 billion by 2027. Both commodities and chemicals involve high capital expenditure. Prices are increasing globally. In such a situation, the world is looking towards India. The export markets of America and Europe are emerging again. The barrier to entry into the chemical space is very high.
new fluorine
target ₹3800
Returns (1 year)
allocation 25%
Galaxy Surfactants
target ₹3680
Returns (1 year)
allocation 25%
Rossari Biotech
target ₹950
Returns (1 year)
allocation 25%
Lakshmi Organic
target ₹355
Returns (1 year)
allocation 25%
