Guj Fluoro stock zooms 21% in 2 days; nears 52-week high on growth optimism

Quick Summary:

The management is confident about the coming quarters and expects a better performance in H2FY25E.

The EV segment is anticipated to tap significant opportunities within the electric vehicles and energy storage systems worldwide in the coming decades.

Notably, all these industries are reliant on fluoropolymers as their essential performance raw materials significantly ramping up the growth of the market.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: ESS Electric vehicles EVs Gujarat Fluorochemicals share Fuel cell membranes GFL Fluoropolymers Specialty chemicals Bulk chemicals Energy storage system Electronics Renewable energy equipment Fluorochemicals Green hydrogen

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 14:29:00 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 674 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22389711

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 298 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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