Abstract: The Indian petrochemical industry significantly contributes to economic growth, producing essential chemicals. This study guides investors in analyzing petrochemical stocks through fundamental and technical analysis. Fundamental analysis evaluates industry growth, company financials, management, competitive landscape, and regulations. Technical analysis examine historical price movements and trading volumes using chart patterns, moving averages, and indicators like the RSI. Focusing on companies like DCW Limited, Supreme Petrochem, Savita Oil Technologies, Panama Petrochem Ltd., Manali Petrochemicals Ltd, and Polychem Ltd, the study identifies Manali Petrochemicals Ltd. as the most promising investment. Supreme Petrochem Ltd. is recommended for holding, while high RSI values suggest selling Panama Petrochem Ltd., Savita Oil Technologies Ltd., and Polychem Ltd. Combining both analysis methods offers a comprehensive investment approach, optimizing portfolios in the competitive Indian petrochemical sector.
Keywords: Indian petrochemical industry, Fundamental analysis, Technical analysis, Company financials, Ratios, Chart patterns, Moving averages, RSI (Relative Strength Index).
| DOI: 10.17148/IARJSET.2024.11651