This recently listed specialty chemicals has zoomed 144% in 28 trading days

Meghmani Finechem was demerged from Meghmani Organics during FY21 to empower the company grow its Chlor-Alkali business

Shares of Meghmani Finechem were locked at the 10 per cent upper circuit at Rs 943.35 on the BSE on Monday on back of heavy volumes with only buyers at the counter. The stock of specialty chemicals was trading at its highest level since its market debut on August 18, 2021. Since listing, in past 28 trading days, the stock zoomed 144 per cent from its opening level price of Rs 386.25 on the BSE.

The trading volumes at the counter jumped over four-fold with a combined 599,252 equity shares changing hands on the NSE and BSE till 01:43