India's Himadri Speciality Chemical gains after quarterly profit rise

Himadri Speciality Chemical

16/07/2026 06:18

** Shares of Himadri Speciality Chemical HIMD.NS rise 4.7% to 713.80 rupees, set for sixth straight session of gains
** Specialty chemicals maker's Q1 consol revenue up 28% Y/Y, and consol net profit up 26.3%
** Says performance was driven by product mix across its core business and continued ramp-up in speciality materials
** Also, co to invest 700 mln rupees ($7.3 mln) in carbon nano tubes manufacturing facility, 1.7 bln rupees for super speciality carbon black production capacity, and 1.28 bln rupees to expand Anthraquinone and Carbazole manufacturing capacity 
** Stock up 46.3% YTD 

($1 = 96.3325 Indian rupees)

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