Fineotex Chemical up for 13 straight days; stock zooms 145%

The stock hit a new high of Rs 99.45, rallied 145% from Rs 40.65 on December 14, 2017, against 2% rise in Sensex.

Fineotex Chemical hit a new high of Rs 99.45, up 8%, extending its over 100% surge in past 12 trading days on the BSE.

The stock of specialty chemicals Company has zoomed 145% from Rs 40.65 on December 14, 2017, as compared to 2% rise in the S&P BSE Sensex.

Fineotex Chemical manufactures over 400 specialty chemicals and enzymes to textile, garment, construction, leather, water treatment, agrochemicals, adhesives and others industries.

Fineotex Chemical on October 25, 2017 announced that the company along with its Malaysian subsidiary BT Biotex Sdn Bhd had launched its new product called Aquastrike