Multibagger Millioner :This Special chemical stock has increased by almost 200%.

 

Multibagger-Millioner-penny-stock-stuffsearth


Gujarat Fluorochemicals Limited (GFL)

Many specialty chemicals stocks performed better than their improved outlook as they were generating multi-stock returns from the beginning of the year to date. One of the multi-bagger companies from India is Gujarat Fluorochemicals Limited (GFL). Gujarat Fluoro shares almost jumped. 200% this year (while a year or so). and grew by about 222% over the year. From £ 570 in early January, the share is currently trading at around ₹1,710 per share. 

Gujarat Fluorochemicals, headquartered in Noida, is a chemical manufacturing company, part of the INOX group of companies, specializing in the production and distribution of refrigerants, caustic soda, chloromethane, polytetrafluoroethylene (PTFE), fluoropolymers, fluoromonomers, fluorinated intermediates, specialty chemicals activity. Produced in India, fluorspar is mined in Morocco, warehouse in Europe and USA.

The company has expanded its specialty fluorinated chemicals business by exporting to more than 75 countries. Long established sectors such as automotive, aerospace, semiconductors, electronics, general purpose devices, telecommunications, healthcare and architecture, Gujarat Fluorochemicals introduced several new products and introduced lithium hexafluorophosphate (LiPH6) as one product. Analysts expect LiPH6 demand to grow, with a particular focus on e-vehicles (EVs).

Manufacturers of specialty chemicals have been in the spotlight for some time due to increasing demand and sales. Over the past year, businesses have made significant improvements in profit and loss. in the next 5 years, the number of specialized chemicals will double.





Open Free Demat Account


Without Demat account, you are not allowed to trade in the Indian stock market NSE or BSE, but you can create a online Demat account for free with some brokers and some may charge a nominal fee to open a Demat account. Everything can be done online and hassle-free just by sitting at home and also don't forget to use our referral link because we have partnered with them, so you will get more discounts than a usual normal account that you may create directly from their website. India's No1 Brokers available below to open your account and get started quickly in no time!







Post a Comment

Comments are welcomed and encouraged on Stuffsearth Website, but there are some instances where comments will be edited or deleted as follows:

Comments deemed to be spam or solely promotional in nature will be deleted. Including a link to relevant content is permitted, but comments should be relevant to the post topic.
Comments including profanity will be deleted.
Comments containing language or concepts that could be deemed offensive will be deleted. Note this may include abusive, threatening, pornographic, offensive, misleading or libelous language.
Comments that attack an individual directly will be deleted.
Comments that harass other posters will be deleted. Please be respectful toward other contributors.
Anonymous comments will be deleted. We only accept comments from posters who identify themselves.
The owner of this Website reserves the right to edit or delete any comments submitted to the 'Website's Post/Content' without prior notice. This comment policy is subject to change at any time. If you have any questions about the commenting policy, please let us know by using our 'Contact Us' form .

To Top