Lower input costs, capex to boost specialty chemical stocks

Mumbai: Specialty chemical companies have witnessed a smart recovery in operations, with cost benefits accruing from benign raw material prices and lower travel-related expenses fattening their margins.“The chemicals sector, which saw dual effects of the Covid-related economic downturn and disruption in chemical supply chain in the first half of 2020, was among the first few that returned to normalcy,” said Nilesh Ghuge, analyst, HDFC