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Monthly Sector Update: Chemical Industry, July 2020
07-07-2020
Primus Partners has created Chemical indexes based on stock price movement of Chemical stocks. Over 43 stocks have been analysed over 5 year period to create 5 indexes of Chemical Segments : Fertilizer, Refinery, Colorants, Agrochem & Chlor Alkali. Nifty moved from 11,118 on 1 Jul 2019 to 10,430 on 1 Jul 2020, a drop of 6% 4 of 5 chemical indexes actually showed significant growth and outperformed the market significantly.
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