4 stocks Rohan Gupta is bullish on from chemical sector

economictimes.indiatimes.com:

«The structural growth opportunity which we say for the speciality chemical players, especially in names like CDMO, China plus one, Europe's energy crisis and Europe plus one, all those structural growth driver were there in last one year also and even right now also we see that they remain intact,» says Rohan Gupta, Nuvama Institutional Equities.

What is your sense? Has it bottomed out because for the longest time speciality chemicals have been dealing with one headwind or another. Finally, is there light at the end of the road?
Yes, first of all, you are absolutely right that the speciality chemical sector has been quite a lot of disappointment for their investors in last four to six quarters. The sector has not participated in the entire rally while we are seeing that the midcaps and smallcaps are making new highs. This sector has definitely not performed well.

So, if you ask that is anything significantly changed for the sector? We say no, but yes, few things are definitely positive for the sector. Like we understand that the earnings have bottomed out in Q3 and from Q4 onward we should be seeing a sequential recovery in earnings for across the speciality chemical basket, maybe a couple of names here and there, but otherwise across the sector, we see that the earnings have bottomed out.

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