Himadri Speciality Chemical declines despite reporting 35% rise in Q2 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Himadri Speciality Chemical is currently trading at Rs. 625.40, down by 37.40 points or 5.64 % from its previous closing of Rs. 662.80 on the BSE.
The scrip opened at Rs. 672.45 and has touched a high and low of Rs. 675.35 and Rs. 623.20 respectively. So far 203332 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 688.50 on 18-Sep-2024 and a 52 week low of Rs. 223.80 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 675.35 and Rs. 621.50 respectively. The current market cap of the company is Rs. 30930.03 crore.
The promoters holding in the company stood at 50.78%, while Institutions and Non-Institutions held 8.83% and 40.40% respectively.
Himadri Speciality Chemical has reported 33.32% rise in its net profit at Rs 134.44 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 100.84 crore for the same quarter in the previous year. Total income of the company increased by 13.23% at Rs 1,148.52 crore for Q2FY25 as compared to Rs 1,014.35 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 34.86% rise in net profit at Rs 135.70 crore for Q2FY25 as compared to Rs 100.62 crore for the same quarter in the previous year. Total income of the company increased by 13.42% at Rs 1,150.49 crore for Q2FY25 as compared to Rs 1,014.34 crore for the corresponding quarter previous year.
