Govt imposes #antidumpingduty on #phosphoricacid from S Korea (biggest importer into Ind) of $137/ton. 3 big manufacturers of the same had run up in anticipation last week but should still see a small uptick today.

#PunjabChem #GujAlkali #TataChem all were up 5-6% at day's high & ended 3-5% up. Most of the move is done in them now but a rising tide might continue to lift all boats including them. Another day with all +ves. Can't be too many of them left in immediate future now. #BSE #NSE

While others moved up less, #PunjabChem is up from ~511 to 615 (~+20%) since the first message in this thread. Seems over-valued now but prices tend to reflect potential future earnings more so this duty is expected to dramatically improve earnings one has to suppose.