Stock Radar: This specialty chemical firm can hit fresh 52-week highs in near term; should you buy?

SRF Ltd's stock, within the specialty chemical sector, reached a 52-week high of Rs 2,697 in May 2024 before stabilizing. Analysts believe it could soon hit Rs 3,000-Rs 3,200 levels, driven by a 'Bullish Engulfing' pattern and strength in moving averages, indicating a potential uptrend.