This specialty chemicals stock has more than doubled in a month

The company reported a strong operational performance in the December quarter

Shares of the Dharamsi Morarji Chemical Company, on Tuesday, were locked in 10 per cent upper circuit for the second straight day at Rs 400.25, also its new high. The trading volumes on the counter doubled with 116,000 equity shares changing hands on the BSE till 12:48 pm; against an average 55,000 shares traded daily in the past two weeks.

The stock of the specialty chemicals company has rallied 21 per cent in the past two trading days. The company's market price has more-than-doubled, up 111 per cent, since February 8, after it reported a strong operational performance in