Balaji Amines gains on plant nod; analyst sees bumper returns

Balaji Amines gains on plant nod; analyst sees bumper returns

Balaji Amines rose 3% after its new plant got the green light, with analyst Rajneesh Sharma seeing a multi-year breakout. He projects ₹2,800–3,900 target over 1-2 years, citing trendline support, ₹1,100 crore capex, and sharp debt reduction. Stock is up 20% in a month but still down 4.6% YTD.

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