ICICI Securities’ Top Small, Mid & Large-Cap Stock Picks: Buy, Reduce & Hold

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ICICI Securities’ Top Small, Mid & Large-Cap Stock Picks: Buy, Reduce & Hold

By Malvika Gurung

Investing.com -- Domestic brokerage firm ICICI Securities (NS: ICCI ) has initiated calls on various stocks from the specialty chemicals sector.

It is bullish on three small-cap stocks, two mid-cap stocks and one large-cap stock in the segment, while recommending a ‘reduce’ target on a large-cap specialty chemical stock.

The brokerage has initiated a ‘Buy’ call on Sudarshan Chemical Industries (NS: SDCH ), PCBL (NS: PCBL ), EPL (NS: EPLI ), Tatva Chintan Pharma Chem (NS: TATV ) Chem, Chemplast Sanmar Ltd (NS: CHPA ) and Gujarat Fluorochemicals (NS: GUJL ). It has also initiated a Hold call on stocks Galaxy Surfactants (NS: GALX ), Rossari Biotech (NS: ROSB ) and Navin Fluorine International (NS: NAFL ).

The brokerage has a reduce call on the large-cap specialty chemical stock Clean Science and Technology (NS: CLEA ) and put an ‘Add’ rating on industrial and specialty intermediates’ manufacturer SRF (NS: SRFL ).

The margins of Sudarshan Chemical appear under pressure as pigment prices have risen by a little on a QoQa basis, while EPL will face persisting challenges on elevated polymer prices, 2.1% QoQ, stated the domestic brokerage.

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  • Sham Jain @Sham Jain
    I can go with ICICI sec
    Like 0

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