India's chemical stocks gain as Trump delays reciprocal tariffs

Navin Fluorine International

11/04/2025 07:08

** Chemical stocks jump as Donald Trump pauses reciprocal tariffs beyond 10% on most countries

** Chemicals, accounting for 4.01% of India's exports to the U.S., was to take major hit from 26% tariffs on the country

** PI Industries PIIL.NS, SRF SRFL.NS soar 6.3% and 4%, respectively; among top midcap gainers

** UPL UPLL.NS, Aarti Industries ARTI.NS, Navin Fluorine International NAFL.NS, Deepak Nitrite DPNT.NS, Vinati Organics VNTI.NS and Alkyl Amines Chemicals ALKY.NS gain between 2.9% and 3.3%

** Barring PIIL and ALKY, other chemical stocks 2.5%-7% below April 2 levels before Trump announced tariffs

** PIIL and ALKY up nearly 1% each from April 2 closing price

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))