Sudarshan Chemical

According to the bulk deal data on the BSE, Pradeep Ramwilas Rathi sold 7.6 lakh shares of Sudarshan Chemical Industries, while Subhadra Pradeep Rathi sold 20.75 lakh shares

Pradeep Ramwilas Rathi and Subhadra Pradeep Rathi, the two promoters of Sudarshan Chemical Industries, on Wednesday sold a 3 per cent stake in the company for Rs 197 crore through open market transactions. According to the bulk deal data on the BSE, Pradeep Ramwilas Rathi offloaded 7.6 lakh shares of Sudarshan Chemical Industries, while Subhadra Pradeep Rathi sold 20.75 lakh shares. The shares were sold in the price range of Rs 950.04-950 apiece, taking the combined deal value to Rs 197.15 crore. Pursuant to the latest transaction, Subhadra Pradeep Rathi exited the firm by selling entire 1.9 per cent stake in Sudarshan Chemical Industries, while the holding of Pradeep Ramwilas Rathi has declined to 4.95 per cent from 6.05 per cent in the firm. Meanwhile, Boon Investment and Trading Co, Jovial Investment and Trading Co and Blue Daimond Properties picked up 20.22 lakh shares or 2.92 per cent stake in the company. The shares were acquired at an average price of Rs 950 per piece, taki

The Heubach acquisition will help address these challenges with a clear turnaround plan, SCIL said in a release

Sudarshan Chemical Industries Ltd on Friday said it will acquire global pigment business operations of the Heubach Group of Germany for a total consideration of Euro 127.5 million (about Rs 1,180 crore). The company has entered into definitive agreement on October 11, 2024, whereby Sudarshan Europe BV, a wholly-owned subsidiary in the Netherlands, will acquire the global pigment business operations of the Heubach Group of Germany, Sudarshan Chemical Industries Ltd (SCIL) said in a regulatory filing. The acquisition is for a cash consideration of Euro 127.5 million (about Rs 1,180 crore), it added. The proposed transaction includes the acquisition of assets and business operations of Heubach Colorants Germany GmbH, Heubach GmbH (c) Dr Hans Heubach GmbH, and Heubach Group GmbH and participations held by Heubach Holding Switzerland AG, in downstream Group Companies in various countries from insolvency administrator in the aforesaid countries, the filing said. It also includes the ...

Sudarshan Chemical Industries share price update: The stock of dyes and pigments company was trading at its highest level since August 2021.

Sudarshan started manufacturing pigments in 1952

On August 24, 2021, Axis Mutual Fund A/c Axis Smallcap Fund purchased 589,498 equity shares, representing a 0.85 per cent stake of Sudarshan Chemical at a price of Rs 565 per share on the BSE

Sudarshan Chemical's promoters Archana Anuj Rathi sold 727,000 shares or 1.05 per cent stake at Rs 464.34 per share.

Technical calls from Vinay Rajani, Technical & Derivatives Analyst, HDFC securities.

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.

The company would desire to become fourth largest global player in the next three years

The stock hit a record high of Rs 383, appreciated 79% from Rs 214, as compared to 1.4% rise in the Sensex.