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Archean Chemical hits highest level since debut; up 51% against issue price

The stock rallied 7% to hit a new high of Rs 612.70 in the intra-day trade today

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SI Reporter Mumbai
Shares of Archean Chemical Industries (ACIL) hit a new high of Rs 612.70 as they rallied 7 per cent on the BSE in Friday's intra-day trade in an otherwise subdued market. The stock of the specialty chemicals company was trading at its highest level since its listing on November 21, 2022. In comparison, the S&P BSE Sensex was down 0.22 per cent at 59,826 at 11:15 AM.

With today's gain, the stock price of ACIL has surged 51 per cent against its issue price of Rs 407 per share.

ACIL is a leading specialty marine chemical manufacturer in

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