Sudarshan Chemical Industries

Chemical stocks have fallen due to Chinese dumping, the global demand slowdown, rising input costs, and tepid quarterly results. In some cases, the fall has been due to company-specific reasons. Here is a list of four chemical stocks that are down up to 49% from their 52-week high prices.

Nifty 50 and Sensex started low on Friday after two days of losses, influenced by US tariffs on Indian products. Nifty 50 fell 0.14% and Sensex 0.09%. Analysts suggest cautious trading with resistance at 24,600-24,800 and support at 24,300-24,000 levels.

Sudarshan Chemical Industries' shares surged nearly 11 percent on June 9, reaching a 52-week high of ₹ 1,298, despite a delay in audited financial results. The stock has gained over 66 percent from its 52-week low, driven by strong investor confidence, including support from investor Vijay Kedia.

Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — R R Kabel, Sudarshan Chemical Industries, Shaily Engineering Plastics, Wockhardt, and Prudent Corporate Advisory Services.

India's largest pigment maker acquired Germany's Heubach Group for ₹ 1,180 crore in October 2024, giving it a network of 19 facilities across 11 nations, including one in US.

Sudarshan Chemical Industries' shares surged 20% to a 52-week high after announcing the acquisition of Heubach Group's global pigment business for €127.5 million. The all-cash deal is expected to close in 3-4 months, pending regulatory and shareholder approvals.

After three years of investing significantly in capacity building, the focus is likely to be on ramping up output, operating leverage and improving cash-flow generation

Day trading stocks: Market experts have recommended six stocks to buy today —Sudarshan Chemical Industries, Chambal Fertilizers & Chemicals, Mahindra Holiday & Resorts India Ltd, RVNL, Parag Milk Food Ltd, and GMR Airports Infra Ltd.