Himadri Speciality Chemical Ltd Share Price

Description

• Headquartered in Kolkata, West Bengal, Himadri Chemical Speciality Ltd. (HSCL) is a leading name in the speciality chemical sector. This small-cap company has a market capitalisation worth Rs. 2,962 crores. The company was incorporated on 28th July 1987. Some of the key names in management are Mr S S Choudhary, Mr V K Choudhary, Mr R N Jhunjhunwala, Mr B L Choudhary, Mr M L Jalan, and Mr D P Choudhary.  The company declared a net profit of Rs. 24.33 crores as of December 31st, 2021. The shares of Himadri Chemical are traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the scrip name HSCL. 

  This flagship company of the Himadri Group is involved in the production of speciality chemicals and carbon materials. It caters to domestic as well as foreign markets. Coal tar pitch, a key product of the company, is utilised in a variety of applications. Some of them include electric arc furnaces, lithium-ion batteries, warhead missiles, thermoplastic polymeric coatings, and aluminium production. Apart from that, the company is engaged in the manufacturing of fuel oils, wood preservatives, polycarboxylate ether, and a few others. 

  The company's revenue figure is slightly lower than the industry average over the last five years. There is also a slight dip in the company's market share over the last few years. Following the financial year 2018-2019, the company's net profit has decreased for two years in a row.  However, in terms of quarterly profit, the company picked up a little pace in the December quarter, reporting a profit of 24.33 crores, which is much more than the previous two quarters. The company also reported an Earning per Share of Rs 0.58 in the third quarter. 

  On 29th March 2022, Himadri Chemical's share price was closed at Rs. 70.70. The Himadri Speciality Chemical Ltd. share price performance saw a major fluctuation in the last twelve months.  The five years high and low of the Himadri share price were Rs.  and Rs. 90.85, respectively. The key competitors of Himadri Speciality Chemical Ltd. include Linde India Ltd., Deepak Nitrite Ltd., and Sumitomo Chemical India Ltd. 

  Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

• Headquartered in Kolkata, West Bengal, Himadri Chemical Speciality Ltd. (HSCL) is a leading name in the speciality chemical sector. This small-cap company has a market capitalisation worth Rs. 2,962 crores. The company was incorporated on 28th July 1987. Some of the key names in management are Mr S S Choudhary, Mr V K Choudhary, Mr R N Jhunjhunwala, Mr B L Choudhary, Mr M L Jalan, and Mr D P Choudhary.  The company declared a net profit of Rs. 24.33 crores as of December 31st, 2021. The shares of Himadri Chemical are traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) under the scrip name HSCL. 

  This flagship company of the Himadri Group is involved in the production of speciality chemicals and carbon materials. It caters to domestic as well as foreign markets. Coal tar pitch, a key product of the company, is utilised in a variety of applications. Some of them include electric arc furnaces, lithium-ion batteries, warhead missiles, thermoplastic polymeric coatings, and aluminium production. Apart from that, the company is engaged in the manufacturing of fuel oils, wood preservatives, polycarboxylate ether, and a few others. 

  The company's revenue figure is slightly lower than the industry average over the last five years. There is also a slight dip in the company's market share over the last few years. Following the financial year 2018-2019, the company's net profit has decreased for two years in a row.  However, in terms of quarterly profit, the company picked up a little pace in the December quarter, reporting a profit of 24.33 crores, which is much more than the previous two quarters. The company also reported an Earning per Share of Rs 0.58 in the third quarter. 

  On 29th March 2022, Himadri Chemical's share price was closed at Rs. 70.70. The Himadri Speciality Chemical Ltd. share price performance saw a major fluctuation in the last twelve months.  The five years high and low of the Himadri share price were Rs.  and Rs. 90.85, respectively. The key competitors of Himadri Speciality Chemical Ltd. include Linde India Ltd., Deepak Nitrite Ltd., and Sumitomo Chemical India Ltd. 

  Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.