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News for India > Business > Goldman Sachs-owned, DII favourite small-cap stock drops 4%; Axis Securities downgrades it; do you own? | Stock Market News
Business

Goldman Sachs-owned, DII favourite small-cap stock drops 4%; Axis Securities downgrades it; do you own? | Stock Market News

Last updated: May 8, 2025 12:53 pm
3 months ago
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Archean Chemical Industries Q4 results 2025Axis Securities downgrades the stock

Small-cap stock Archean Chemical Industries declined nearly 4 per cent in intraday trade on the BSE on Thursday, May 8, looking set to extend losses to the third consecutive session. Archean Chemical Industries share price opened at ₹603.25 against its previous close of ₹605.40 and declined 3.6 per cent to an intraday low of ₹583.45. Around 12:45 PM, the small-cap stock traded 2.71 per cent lower at ₹589. Equity benchmark Sensex was almost flat at 80,789 at that time.

Archean Chemical Industries Q4 results 2025

The speciality chemicals company announced its Q4FY25 results after market hours on May 2. The company reported a 2.2 per cent year-on-year (YoY) decline in its profit after tax (PAT) for the quarter to ₹58.31 crore from ₹59.64 crore in the same quarter last year.

Total income, however, increased 12 per cent to ₹333.33 crore from ₹297.22 crore in Q4FY24.

EBITDA in Q4FY25 saw a mild dip, coming at ₹101.12 crore from ₹101.94 crore in Q4FY24.

Axis Securities downgrades the stock

Brokerage firm Axis Securities downgraded the stock to a “hold” from a “buy”, pegging the target price of ₹560.

Axis pointed out that the company’s Q4FY25 consolidated revenue beat its estimate by

17 per cent. However, EBITDA fell short of its estimates by 4 per cent, while the PAT also missed its estimate by 4 per cent.

According to Axis Securities, Archean Chemical Industries remains confident in its bromine derivatives project and the strategic acquisition of Oren, which is expected to make a meaningful contribution to the top line in the coming quarters.

Moreover, Axis highlighted that the company anticipates sustained strong demand in the industrial salt segment and a recovery in the SOP segment beginning in FY26.

Strategic investments have also been made in two UK- and US-based companies, which are expected to unlock new growth opportunities in semiconductors and energy storage, Axis Securities said.

(This is a developing story. Please check back for fresh updates.)

Read all market-related news here

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.



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