India's Thirumalai Chem extends rise on capacity outlook of key product
03/06/2025 10:27
** Shares of India's Thirumalai Chemicals THRM.NS up 2.6% to 277 rupees ** Tuesday's gains come after co said on Monday it will double production capacity of phthalic anhydride by FY28 and ended session 8% higher ** Phthalic Anhydride is a chemical compound used to make resins, paints and is a key product in co's portfolio ** Co owns a quarter of India's Phthalic Anhydride export market - statement ** Trading vols 683k shares vs 30-day avg of 322k shares ** YTD stock down ~14% (Reporting by Hritam Mukherjee in Bengaluru) ((Hritam.Mukherjee@thomsonreuters.com;))
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