India's Fairchem Organics hits record high

Fairchem Organics

10/10/2022 09:08

** Shares of chemical maker Fairchem Organics Ltd  FAIH.NS  
surge as much as 13% to an all-time high of 2,449.90 rupees 
    ** FAIH posts biggest intraday pct gain since Aug. 10
    ** Co makes a range of chemicals from waste products
generated during refining of soft vegetable oils as well as
aroma chemicals
    ** Last week FAIH rose 10.5% to register its first weekly
gain in three
    ** More than 264,000 shares change hands by 0752 GMT, 5.2
times their 30-day avg of more than 50,000 shares
    ** Stock up 29% YTD, up to last close
 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))