News for Nikhil Adhesives Limited (NIKHILAD.BO)

Govt to sell 4.92% stake in SJVN; Infosys, NVIDIA expand strategic collaboration; Cipla's arm receives observations from US FDA; Biocon Biologics gets EU approval for YESAFILI; Indo Amines to commence continuous production; WCM's Resolution Plan approved; Exide invests ₹125 cr in EESL; Apollo Tyres stops Bias, OTR tyres production; VHL acquires NCDs of Ashoka Concessions; Zydus gets USFDA nod for Clindamycin Phosphate Gel; WPIL gets ₹14.3 cr contract from Navy; Bartronics ties up with Amplify Cleantech; Moneyboxx ties up with Sikka; Artson Engineering takes premise on leave and license; Nikhil Adhesives starts trials of RDP; Godrej Properties raises ₹1,160 cr.

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B&K Securities is bullish on select stocks from the chemical space, which has already produced over 50 wealth creators in the past five years. The brokerage has a 'Buy' call on players such as SRF, BASF India, Gujarat Fluorochemicals, Aarti Industries and Atul Ltd. Historical data showed that Jyoti Resins & Adhesives emerged as the top gainer in the sector with a gain of over 5,800 per cent since October 2017. Shares of the company climbed to Rs 1,417.70 on October 3, 2022 from Rs 23.75 on October 3, 2017.