India's Bodal Chemicals soars on anti-dumping duty on bleaching agent

Bodal Chemicals

10/03/2025 05:18

** Bodal Chemicals BODA.NS soars more than 14%; set for biggest intraday pct gain since June 2023

** Stock hits highest level in nearly a month at 64.9 rupees

** Government imposes anti-dumping duty on import of disinfectant and bleaching agent Trichloro Isocyanuric Acid (TCCA) from Japan and China for five years

** Duty will help BODA, sole producer of TCCA products in India, add 500 mln-600 mln rupees ($5.7 mln-$6.9 mln) in total turnover from FY26

** More than 1.4 mln shares traded, 3x the 6-month daily avg

** YTD, stock loses 3.5%

($1 = 87.2400 Indian rupees)

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))