Himadri Speciality Chemical Ltd Share Price (HSCL)

Himadri Speciality Chemical's ROCE Trending Upwards - 08 Apr, 2024

Despite employing more capital without a corresponding improvement in sales, Himadri Speciality Chemical has a high ROCE of 21%. The stock has gifted long-term shareholders an incredible 192% return in the last five years.

Prabhudas Lilladher Recommends Buy for Himadri Speciality Chemical - 04 Apr, 2024

Prabhudas Lilladher has recommended a buy call on Himadri Speciality Chemical with a target price of Rs 385. The company reported a consolidated total income of Rs 1062.70 crore, up 4.77% from the last quarter and up 1.69% from the same quarter last year. Promoters held 44.79% stake in the company as of December 31, 2023, while FIIs owned 5.39%, DIIs 0.63%.

Himadri Acquires Stake in Invati Creations, Reports Strong Q3 Results - 21 Mar, 2024

Himadri Specialty Chemical acquires a 40% stake in Invati Creations for Rs 45.16 crore to produce high-quality lithium-ion battery materials. The company reported its highest-ever net profit of Rs 108.80 crore in Q3 FY24, with revenue rising 1.5%. Himadri's net debt stands at ₹7.79b, but EBIT covers interest expense 13.3 times over.

Himadri Acquires Stake in Invati Creations - 20 Mar, 2024

Himadri Speciality Chemicals has acquired a 40% stake in Invati Creations for Rs. 45.16 crore, aligning with its vision of producing high-quality lithium-ion battery materials.

Himadri Speciality Chemical Board to Consider Equity Issuance Proposal - 15 Mar, 2024

The board of Himadri Speciality Chemical will meet on March 20, 2024, to consider a proposal for the issuance of equity shares by way of preferential allotment and raising funds through various securities. The company plans to use permissible modes such as private placement, qualified institutions placement, or any equivalent capital-raising mode subject to regulatory approvals.