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Alkyl Amines hits record high; rises 35% in four days

Alkyl Amines Chemicals gained 1% to Rs 5191.75, extending its winning run to fourth consecutive trading session.Shares of Alkyl Amines have jumped 35.65% in four trading days from its previous closing low of Rs 3827.40 on 31 December 2020. The counter hit a record high of Rs 5,603.20 in intraday today. From its 52-week low of Rs 1030 hit on 13 March 2020, the stock has soared 404%. In last one month the stock has risen 31%, outperforming the S&P BSE SmallCap index which gained 8.29% in the same period. The specialty chemical manufacturer s board will consider a stock split on 2 February 2021. On the same day, it will also consider the proposal for setting up of new project including Amines. The board will also announce Q3 December 2020 results on the same day.

Alkyl Amine Market Share, Trends, Opportunities, Projection, Revenue, Analysis Forecast Outlook 2026

Alkyl Amine Market Share, Trends, Opportunities, Projection, Revenue, Analysis Forecast Outlook 2026
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Saurabh Mukherjea: Invest in recovery but don t get suckered into low quality smallcaps: Saurabh Mukherjea

It is turning out to be quite a stellar market after the Monday slide. How are you reading into the situation given the new Covid strain in the UK and lots of clampdowns coming in globally. It seems Indian markets are not taking too much notice? We have to realise that the vaccinations across the world will take a long time. I have been speaking to my friends and relatives in the UK but it is going very slowly and it does not look like anytime in the next 12 months we will be done with this whole drive to vaccinate the world. It will probably take the best part of two years and we are going to be prepared for the two-steps forward one-step back dynamic. This time it is in the UK, perhaps next time we would not be so lucky!

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