Manali is the only chemical stock i have in PF, where i recently bought some, @~93, ~1% of PF. In my understanding its one amongst few in chemical sector which are bouncing from bottom, to me its part of technical + funda bet.
As per my understanding We have good petrochemical demand going forward, if we look at the India’s manufacturing push as a whole.as govt is mulling anti-dumping duty on flexible slabstock polyol(i havent study details on its impact on manali but if implemented it would be nice for it)
Here are threads on VP >Manali Petro- Capacity Expansion - #35 by nitin_g, 52 week highs and all time highs strategy - #937 by hitesh2710
and …?, i am the new recruit, who is learning to be a good follower. so it might be far from an expert view or recommendation, !
