Fine Organic gains 9%, hits new high; stock zooms 83% in one year

Shares of Fine Organic Industries hit a record high of Rs 4,318.05, surging 9.5 per cent on the BSE in Friday’s intra-day trade, outperforming the market with a wide margin. The stock of the specialty chemicals company surpassed its previous high of Rs 4,174.10 hit on February 4, 2022.

In the past one week and one month, the stock has gained 8 per cent and 15 per cent, respectively, as compared to a 3 per cent decline in the S&P BSE Sensex. Moreover, in the past six months, it has rallied 52 per cent as against a 0.18 per