Camlin Fine slips 17% on earnings impact due to Russia-Ukraine crises

Shares of Camlin Fine Chemicals hit a 52-week low of Rs 112.50 as they slipped 17 per cent on the BSE in Friday's intra-day trade on concerns of weak earnings due to ongoing Russia – Ukraine war. The stock of the specialty chemicals company has fallen below its previous low of Rs 116.30 touched on December 29, 2021.

Camlin Fine said the Russia – Ukraine crisis has had an adverse impact on all costs especially raw materials, logistics and power and fuel. The future impact of the situation is difficult to be assessed at this point, as the situation