- Blackrose is progressing its PAM solid project towards commercialisation and developing downstream acrylamide products, while the specialty amines project with Koei Chemical is under evaluation. The 200% interim dividend for FY27 is positive. Stock looks attractive at CMP versus all-time high of Rs.239.
- Chemcon Speciality Chemicals reported a strong start to FY27, supported by improving realisations, newer products and customer traction. Diversification and expanding capacities support the outlook. The company paid a 65% dividend for FY26. Stock looks attractive at CMP versus all-time high of Rs.731.
- DCB Bank received RBI approval for ICICI Prudential Asset Management Company to acquire up to 9.95% stake. The development is a positive trigger. Keep on radar.
- Haldyn Glass entered the coloured beer bottle segment, adding a new growth opportunity and diversifying its portfolio across multiple industries. Stock looks attractive at CMP versus lifetime high of Rs.189.
- HFCL approved Rs.820 cr. additional capex, taking total planned capex for Optical Fiber, Optical Fiber Cable and Preform to around Rs.1,800 cr. Capacity will rise to 43.10 mn fiber km, 62.00 mn fiber km and 600 MT, respectively. Keep on radar.
- Himadri Speciality Chemicals is using its Dubai arm to expand into Africa and other markets, while exploring Lithium-ion Cells under the China+1 strategy. Battery materials may contribute 40-50% of topline, with Rs.7,600 cr. revenue expected from Birla. HSCL may surpass its 52-week high as cash-market sentiment improves.
