Budget 2024-2025 allocation for Ministry of Chemicals and Fertilizers stood at Rs 1.68 lakh crore

The stock is up by 40 per cent in 1 year and gave multibagger returns of over 2,100 per cent in a decade.

Today, shares of the company saw a spurt in volume by more than 2.64 times on BSE. 

Here is a list of the top chemical sector multi-baggers that impressed investors with their outstanding returns!

The first quarter of FY22 saw an increase in revenue of 115 per cent compared to the same period a year before, as well as an increase of 12 per cent compared to the previous quarter.

The stock has surged more than 15 per cent in a week. 

With a greater emphasis on research and development, preserving long-term relationships with MNCs and delivering specialised chemicals, Indian chemical companies are moving up the value chain. Mandar Wagh outlines how urbanisation, greater capital expenditure by chemical companies, and India's proximity to the Middle East would all play a role in driving growth in this sector.

Chemfab Alkalis share price gave 82 per cent return to investors in two months due to its strong quarterly results. 

The shares of this micro-cap company made a fresh 52-week high of Rs 527.90 a piece on BSE on August 8, 2022.  

 Last week, the stock witnessed a price-volume breakout by 3x.