Page 2 - Specialty Chemicals

Chemplast Sanmar Q3FY25 results: Net loss narrows to Rs 49 crore

Speciality chemicals company Chemplast Sanmar Ltd has reported a net loss of Rs 49 crore for the October-December 2024 quarter significantly reducing from a net loss of Rs 89 crore registered in the year ago period. The city-based company, part of the SHL Chemicals Group which is a constituent of diversified The Sanmar Group, had registered a net loss of Rs 56 crore for the April-December 2024 period, as compared to Rs 127 crore recorded in the year ago period. In a statement on Saturday, the company said the business performance improved due to better prices and margins on Paste PVC (polyvinyl chloride), improved performance of Custom Manufacturing Chemicals division (CMCD) and also due to increased volumes of Paste PVC from the new manufacturing facility in Cuddalore. "Though the performance of the PVC division was better when compared to last year, the PVC products (both Suspension and Paste) witnessed price and margin pressures due to excessive dumping in Q3 FY2024-25 amidst ...

Aether Industries Q3 results: Net profit jumps over two-fold to Rs 43.3 cr

Speciality chemical manufacturer Aether Industries posted a more than two-fold jump in consolidated net profit at Rs 43.3 crore for the third quarter of the 2024-25 fiscal year on strong sales, the company said on Friday. The company reported a consolidated net profit of Rs 17.4 crore in the year-ago period, the company said in a regulatory filing. Total income increased to Rs 233.32 crore during the October-December quarter of the 2024-25 fiscal, from Rs 166 crore in the year-ago period. According to the company, the Gujarat Pollution Control Board has revoked the closure order on January 9 this year, allowing the company to resume full operations at its facility-II in Surat. The closure order was issued following a fire accident on November 29, 2023. It said the claim for stock loss has been submitted to the surveyor in Q3FY'25 and is expected to be settled in Q4FY25. The company is focusing on new business segments 'renewable and sustainability' and 'oil and gas' apart from ..

Specialty chemicals shares rally up to 9%; BASF, Bhansali hit 52-wk highs

While margins have dipped from around 22 per cent to 17 per cent during FY2021-24, they are expected to improve from FY26 onwards

SRF gains 2% as street pins hopes on chemical business recovery in H2FY25

The rise in stock came on hopes of recovery in the chemical business, which will pick up pace in the second half of FY25

Balaji Amines soars 16% on margin expansion in Q4, 550% dividend bounty

Balaji Amines Q4 results: Ebitda margin expanded to 23.5 per cent from 19.7 per cent Y-o-Y in Q4FY24

Recovery in chemicals may be delayed until FY25, more downgrades ahead

Specialty chemical majors, after experiencing a 17% Y-o-Y fall in revenues in the September quarter, are projected to report an 18% decline in the top line for the December quarter

Gradual recovery ahead for specialty chemicals sector: Brokerages

For the September quarter, the sector's operating and net profits dropped 18 per cent and 25 per cent over the year-ago quarter

Navin Fluorine tanks 10% as MD Radhesh Welling resigns

In exchange filing, NFIL said Mr. Radhesh R. Welling has tendered his resignation as the Managing Director and a Director on the Board of the Company for personal reasons.

This specialty chemicals stock zoomed 48% in a month; here's why

Analysts at ICRA said that a significant improvement in HSCL's operating profit in FY23 compared to FY22 and FY21, driven by higher Ebitda/MT will likely sustain going forward

Aarti Industries sinks 8% as analysts turn cautious on stock post weak Q4

Ebitda margin slipped to 13.7 per cent (down 200bps YoY) on account of higher than expected staff cost and other expenses

Archean Chemical hits highest level since debut; up 51% against issue price

The stock rallied 7% to hit a new high of Rs 612.70 in the intra-day trade today

Stock of this specialty chemicals company has zoomed over 100% in 10 days

Shares of Narmada Gelatines froze upper circuit for sixth straight day and zoomed 76 per cent during the period. Moreover, the stock skyrocketed 120 per cent in the past 10 days

Stock of this specialty chemicals company zoomed over 100% in five weeks

Shares of Jyoti Resins & Adhesives locked in 5 per cent upper circuit for the fifth straight day as they hit a new high of Rs 1,769.70 on the BSE.

This Ashish Kacholia-owned chemical stock has zoomed 100% in two months

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.

Fine Organic hits record high on strong Q1FY23; stock soars 56% in 3 months

It has also zoomed 70 per cent in the past six months, as compared to 0.12 per cent decline in the benchmark index

Anupam Rasayan hits 52-week low; stock slips 25% in a month

In the past one month, the stock of specialty chemicals fell 25 per cent, as compared to 1.3 per cent rise in the S&P BSE Sensex.

Aether Industries' Rs 800 crore IPO opens today. Should you subscribe?

Analysts believe that Aether's multiple chemistry competencies to use for a wide array of products makes it a distinguished market player compared to other chemical companies

The stock of this specialty chemicals has zoomed 51% in one month

The management believes that by the end of this year in comparison to the last year, company would be doubling its profitability.

Specialty chemical firm Aether plans to file up to Rs 1k-cr IPO next week

Aether Industries caters to the pharmaceutical, agrochemical, material science, electronic chemical, high performance photography and oil and gas industry segments

Jesons Industries files draft IPO papers; aims to raise to raise Rs 900 cr

Jesons Industries, a manufacturer of speciality coating emulsions, has filed preliminary papers with capital markets regulator Sebi to raise an estimated Rs 800-900 crore through an initial share sale