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BASF profit warning rubs off on Indian chemical stocks; Aarti Industries, UPL down about 3%

Updated : July 09, 2019 01:24 PM IST

On Monday, BASF cut its full-year forecast and also warned that profits may fall by as much as 47 percent in the second quarter of the calendar year 2019.
With market leader BASF issuing a profit warning, it's likely to have a ripple effect on Indian chemical companies.
BASF profit warning rubs off on Indian chemical stocks; Aarti Industries, UPL down about 3%

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