Philips Carbon Black

The decline in chemical stocks followed the announcement of new tariffs by US President Donald Trump, who imposed a 27 per cent tariff on all imports from India

The initial uptick in PCBL share price came after it announced that it has commissioned the second and final phase, which is 20,000 MTPA of 40,000 MTPA specialty chemical capacity at Mundra plant

The acquisition of Aquapharm Chemicals Private Limited marks the company's foray into global specialty segments of water treatment chemicals and oil & gas chemicals

In past one month, PCBL has outperformed the market by surging 30 per cent, as compared to 1 per cent decline in the S&P BSE Sensex.

Stock market LIVE: All sectoral indices ended in the red with capital goods, IT, metal, pharma, auto, realty and PSU Bank indices falling in the 1-3 per cent range

Stock market LIVE: Broader markets end mixed; BSE Midcap falls 0.11 per cent and Smallcap index rises 0.48 per cent

PCBL is setting up a 60-acres greenfield plant in Ennore in Tamil Nadu at an investment of Rs 6 billion