Aarti Industries jumps 9%, hits new high; stock rallies 31% in 8 days

The management of Aarti Industries have positive view on the long-term demand for their products

Shares of Aarti Industries hit an all-time high of Rs 1,192, up 9 per cent on the BSE on Tuesday on the back of an over two-fold jump in trading volumes. The specialty chemicals firm's stock surpassed its previous high of Rs 1,137, touched on April 29, 2020.

In the past eight trading days, Aarti Industries' stock price has surged 31 per cent from the level of Rs 911 on April 22, after the company announced that during January-March quarter (Q4FY20), it commissioned and commercialised the initial phase of its upcoming unit/ project at Dahej SEZ and had also