The company is witnessing rise in demand from end-user industries such as food processing, personal care and home care in the specialty chemicals market.
On December 28, 2020, Nippon India MF acquired 6.61 million equity shares of Fineotex Chemical for about Rs 30 crore through block deal on the BSE
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.