The company is preparing another Rs 1,500 crore investment cycle for the following year and plans India's first commercial carbon nanotube manufacturing plant
Himadri Speciality Chemical posted record quarterly revenue, Ebitda and profit, and unveiled Rs 240 crore of capex to expand its advanced materials and battery ecosystem
The Nifty Midcap 50 and Smallcap 50 have gained 21 per cent and 29 per cent thus far in FY27 led by strong gains in BHEL, Laurus Labs, Prestige Estates, Aegis Logistics and Welspun Corp.
Stocks to buy: Here's why Aakash Shah, technical analyst at Choice Broking recommends a 'Buy' on Piramal, Aza Engineering and Himadri Speciality Chemical this week.
Over the next 12 to 24 months, the company will be progressively enhance it's capacity utilization, supported by robust pipeline of new product launches across sectors, said the management.
Himadri Speciality said it has decided to remain firmly focused on disciplined capital allocation to drive sustainable returns and maintain a robust ROCE profile.
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Stock to buy: Himadri Speciality Chemicals is a constituent of the Nifty Smallcap 100 index. Brokerage firm Angel One has intitiated 'Buy' coverage for an upside of 25 per cent