
Shares of SRF Ltd. and Navin Fluorine surged on January 9, 2025, with both companies experiencing gains of approximately 13%. This rally is attributed to recent announcements from U.S. gas distributors regarding price hikes for refrigerant gases R32 and R125. In a broader context, specialty chemicals companies saw their stocks rise by up to 14% on the Bombay Stock Exchange (BSE) during intraday trading, despite an otherwise weak market environment. Other notable chemical stocks also performed well, with BALAMINES increasing by 10.21%, ALKYLAMINE by 9.41%, and VINATIORGA by 5.41%. Analysts indicate that these movements are driven by expectations of earnings improvement within the sector.
Shares of specialty chemicals companies rallied up to 14% on #BSE in Thursday's intraday trade, in an otherwise weak market, on expectations of earnings improvement.
#Refrigerant Price Hikes Boost SRF and Navin Fluorine Stocks Shares of SRF Ltd. and Navin Fluorine have experienced significant gains, each rising by about 13%, amid announcements from U.S. gas distributors about price hikes in refrigerant gases R32 and R125 due to global…
#Chemical stocks are in demand! 🚀 #BALAMINES +10.21% #NAVINFLUOR +10% #SRF +10% #ALKYLAMINE +9.41% #VINATIORGA +5.41% #FLUOROCHEM +5.08% #FINEORG +4.08% #TIRUMALCHM +3.4% #LXCHEM +2.9% #AARTIIND +2.4%

