India's Aarti Industries gains on long-term supply deal

Aarti Industries

13/10/2026 10:38

** Shares of India's Aarti Industries ARTI.NS rise 4.6% to 495.45 rupees
** Stock on track for its biggest intraday percentage gain since October 28, 2024
** Specialty chemicals maker says it entered into 10+ year manufacturing and supply agreement with global specialty chemicals company
** Adds deal has cumulative revenue potential of 15 billion rupees ($157.46 million) over its contract term
** Stock rated "buy" on average by 22 analysts; median PT is 550 rupees - LSEG compiled data
** Stock up 32.5% YTD 


($1 = 95.2600 Indian rupees)

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))