Brokerage firm Systematix Research anticipates healthy year-on-year momentum across the Indian speciality chemicals sector during Q3FY26, supported by volume-led growth and the commercialisation of strategic capex projects. While pricing in some segments may remain range-bound, companies like SRF are expected to benefit from a seasonal uptick in refrigerant and speciality chemical volumes.
However, blended margins may still face pressure due to weakness in technical textiles. Based on its comprehensive sector view, Systematix has released its updated ratings and target prices for a range of midcap names across speciality chemicals, textiles, and diversified industries. Here are the top 12 midcap picks from the report, with upside potentials of up to 53%.