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This chemical stock is up 322% this year; here's what the management says about its outlook ahead

Updated : September 25, 2020 17:41:36 IST

IOL Chemicals and Pharmaceuticals stock is up 322 percent for the year. However, in a report by Spark Capital on the API industry, they said that they do not think the API growth in Q1 is sustainable for a long period. They added that Q1 performance cannot be extrapolated for the remaining quarters.

To discuss the company’s outlook going ahead, CNBC-TV18 spoke to Vijay Garg, Joint MD of IOL Chemicals and Pharmaceuticals.

Watch the video for more.
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