In this video, we have done complete detailed share analysis of a Speciality Chemical manufacturing company known as FINEOTEX CHEMICAL LIMITED. The demand of speciality chemicals are growing exponentially and it is expected that the speciality chemical sector in India will grow by more than 12% CAGR from 2020 to 2025. Fineotex Chemical Limited or FCL is a small cap speciality chemical manufacturing company, that is very much focussed on manufacturing supportive and speciality chemicals for mainly textile industries. Furthermore, it is recently diversifying its portfolio by venturing into different segments like water and oil based drilling fluid chemicals and manufacturing of home care disinfectants, detergents and sanitizers. The opportunities are continuously increasing for speciality chemical manufacturing companies and the initiatives in India like PCPIRs Policy (Petroleum, chemicals and petrochemicals investment region) and Production Linked Incentive Scheme (PLI Scheme) are bound to give massive boost to the speciality chemical sector in the future. Fineotex Chemical Share has delivered good returns to its investors in the last couple of years. Fineotex Chemical Limited or FCL is posting good results quarter on quarter, and in the long run, might prove to be a future multibagger stock of the speciality chemical sector.

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The support and resistance zones in Fineotex Limited Share on technical chart, has also been discussed.

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