New Delhi, Sept. 23 -- Gujarat Fluorochemicals has been flying high in recent sessions, with the stock gaining another 1% in Tuesday's intraday trade (September 23) to reach a 4-month high of Rs.3,928 apiece, extending its winning run to the fifth straight session.

Over the last 12 trading sessions, the stock has rallied 17.5%, taking its September gain to 14.23% so far, a welcome relief after a five-month losing streak.

Looking ahead, while the outlook for fluoropolymers has improved following the imposition of anti-dumping duty on PTFE imports, the stock's further momentum remains uncertain amid rising competition and delays in the ramp-up of EV battery chemicals.

The Directorate General of Trade Remedies (DGTR) has recommended the i...