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Multibagger Chemical Shares: These 3 stocks gave strong returns of up to 800%, brokerage still bullish

Highlights

The stock of Aarti Industries has given returns of 800 times to the investors in the long term.
Shares of Atul Limited have given returns of about 40500 percent to the investors.
The stock of Sudarshan Chemical Industry has given 1910 percent return to the investors.

New Delhi. Many chemical stocks have been giving multibagger returns to investors for a long time. Some stocks in this sector have given returns of up to 800 times to investors in the long term. Market experts and brokerage houses are still positive about the chemical sector. This is the reason why he still believes that some stocks in this sector can give great returns to the investors even further.

Brokerage house JM Financial says that in the last 2-3 years, considering the good prices, stable crude oil prices and benefit from China + 1 policy, Indian chemical companies have been re-rated. Strong earnings growth is expected in these.

Also read- These 4 stocks invested by Dolly Khanna made investors rich, giving bumper returns

Aarti Industries gave 800% profit
According to a report by Financial Express, the stock of chemical sector Aarti Industries has given 800x returns to investors in the long term. On January 1, 1999, the price of this multibagger stock was close to Rs. Whereas on 28 September 2022, its price has reached Rs 800. In this way it has given 79,900 percent return to the investors. Giving buy rating to this stock, brokerage house JM Financial has given a target price of Rs 960 to its target price.

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Atul Industries buying advice
Shares of chemical company Atul Limited have also made long term investors millionaires. On 1 January 1999, the price of this multibagger share was Rs 22, which became Rs 8,940 on 28 September 2022. In this way, investors have got about 40,500 percent returns. JM Financial has given a buy call on it and has given a target price of Rs 10,145.

earning opportunity in sudarshan chemical
The stock of Sudarshan Chemical Industry has proved to be a multibagger. On 17 May 2006, this stock was trading at the level of Rs 21, it increased to Rs 420 on 28 September. In this way, it has given 1,910 percent return to the investors. Brokerage house JM Financial is still bullish on the stock. Giving it a buy rating, the brokerage has given a target price of Rs 585.

(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you wish to invest in any of these, please consult a Certified Investment Advisor first. News18 is not responsible for any profit or loss caused by you. Will happen.)

Tags: business news in hindi, Investment, Money Making Tips, Multibagger stock, stock market

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