Page 2 - Specialty Chemicals

Chemplast Sanmar rises for 6th day in row after weak debut, up 21% from low

On Wednesday, September 1, 2021, Chemplast Sanmar announced that it has redeemed the entire outstanding NCDs that were issued in December 2019 by the company

Specialty chemicals maker Ami Organics IPO fully subscribed on Day 1

The initial public offer of specialty chemicals maker Ami Organics was fully subscribed within the first few hours on the opening day on Wednesday.

Ami Organics' Rs 570 crore IPO kicks off: Should you apply?

At the higher price band of Rs 610, Ami Organics is demanding a P/E multiple of 41.2x (to its FY21 EPS of Rs 14.8), which is at discount to the peer average of 48.3x

This specialty chemicals firm has rallied 52% in 6 days; here's why

For Q1FY22, Jubilant Industries reported a consolidated net profit of Rs 21.85 crore as against a net loss of Rs 27.75 crore in Q4FY21 and a loss of Rs 2.72 crore in Q1FY21

BASF India zooms 33% in two days on robust June quarter results

The company reported a net profit of Rs 197.28 crore in Q1FY22 as against a loss of Rs 31.18 crore in Q1FY21

Balaji Amines surges 9%, hits new high on robust June quarter results

In Q1FY22, the company reported a consolidated net profit of Rs 97.40 crore as against Rs 31.58 crore in Q1FY21

Clean Science & Technology IPO kicks off today: Should you subscribe?

The issue, which is slated to run between July 7-9, is priced in the range of Rs 880-900 per share and is entirely an offer for sale

Expensive valuations may cap near-term upside in chemical stocks: Analysts

However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety

Alkyl Amines rallies 11% in two days on fixing record date for stock split

The company fixed May 12 as the record date for the subdivision of face value of equity shares from Rs 5 to Rs 2

Laxmi Organic surges 13% as FPIs buy stake via open market

On Thursday, March 26, Goldman Sachs India Fund Limited (1.67 million) and Plutus Wealth Management LLP (1.5 million) purchased a combined 3.17 million equity shares of Laxmi Organic Industries.

Deepak Nitrite gains 8% in three days on Crisil's credit rating upgrades

Going forward, growth over the medium term will be driven by trecovery in demand from Basic Chemical (BC) and Performance Product (PP) segments and continued steady outlook for FSC and Phenol segments

Chemicals maker Anupam Rasayan initial public offering subscribed 44 times

Tuesday was the last day of bidding

Balaji Amines zooms 20%, hits fresh high on strong Q3 numbers

Total income increased 63.7 per cent YoY to Rs 366.85 crore as sales volume jumped 34 per cent YoY

Specialty chemicals firm Anupam Rasayan files for IPO to raise Rs 760 crore

The proceeds will be used for repayment of debt, the firm said in the draft red herring prospectus (DRHP

Laxmi Organic Industries files Rs 800-cr IPO papers with Sebi

The Mumbai-based Laxmi Organic is a leading manufacturer of acetyl intermediates and specialty Intermediates

Healthy export demand mitigates Covid impact on specialty chemicals: Report

Even as domestic demand remains subdued, improved export demand and positive outlook for segments like agro-chemicals and surfactants have reduced Covid impact on specialty chemicals, says a report

Specialty chemical sector has huge growth potential: Sadananda Gowda

Chemicals & Fertilizers Minister D V Sadananda Gowda on Tuesday said it is a good time to invest in India's chemical sector that has huge growth potential. Gowda was addressing a webinar on Specialty Chemical organised by Department of Chemicals & Petrochemicals and FICCI, an official statement said. The minister said it is a good time to invest in India when the government is focussing on self-sufficiency in domestic production. Gowda said specialty chemicals is one of the areas where huge potential for growth lies. The past couple of decades have seen a significant shift in the manufacturing of chemicals, particularly the specialty chemicals from EU and North America, to Asia. The Indian Chemical and Petrochemical industry has huge potential to play a significant role by 2025 and the sector can alone contribute USD 300 billion to the GDP as compared to USD 160 billion at present, the statement said. Gowda said India is looking forward to incentivising manufacturers, through .

Chemcon IPO: How momentum in the pharma sector is positive for the company

Chemcon Speciality is the only manufacturer of HMDS in India & 3rd largest worldwide. Besides, it is the largest player of CMIC in India. Both these chemicals are predominantly used in pharma sector

Exports offer hope for specialty chemicals units: CRISIL SME Tracker

Small and medium enterprises (SMEs), which make up as much as 30-35 per cent of the industry, have been hit particularly hard

Balaji Amnies, Alkyl Amines: Specialty chemical stocks have more steam left

Major specialty chemical stocks exhibit strong strength on good volumes. Here are the key levels for frontline stocks from this sector.