By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: This chemical stock zooms 6% despite stock market crash. Do you own? | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > This chemical stock zooms 6% despite stock market crash. Do you own? | Stock Market News
Business

This chemical stock zooms 6% despite stock market crash. Do you own? | Stock Market News

Last updated: March 12, 2026 2:30 pm
2 hours ago
Share
SHARE


Contents
Aarti Industries new contract detailsAarti Industries financial performanceAarti Industries share price trend

Aarti Industries share price rallied as much as 6% to ₹455.60 apiece in Thursday’s trading session after the company secured a new supply contract worth $150 million.

The chemical stock opened at ₹430 per share in an early morning session today, as compared to the previous close of ₹430.15 on Wednesday. The stock surged despite market indices – Sensex and Nifty – on a negative note. The Sensex dropped as much as 992.53 points, or 1.3%, to hit an intraday low of 75,871.18, while the Nifty 50 declined 298.15 points, or 1.25%, to 23,556.30.

Aarti Industries new contract details

In an exchange filing dated March 12, Aarti Industries said it has entered into a multi-year supply agreement with a global agrochemical innovator for the supply of a critical agrochemical intermediate used in crop protection formulations, worth about $150 million.

According to the filing, the agreement will remain in effect until March 31, 2030, transforming an existing annual arrangement into a structured medium-term supply contract with increased volumes.

Under the deal, Aarti Industries will produce and supply a key agrochemical intermediate used in crop-protection formulations for global agricultural markets.

The company added that the contract is expected to generate around $150 million in revenue over the duration of the agreement.

AIL has sufficient capacity to meet this requirement, enabling the company to achieve higher capacity utilisation and volumes without incurring additional capital expenditure. The intermediate supplied under the contract will be used by the customer to manufacture and formulate crop-protection products for global agricultural markets, the company said in the filing.

“This medium-term agreement further reinforces Aarti Industries’ position as a trusted partner to global agrochemical innovators. Our strength lies in deep process chemistry expertise, integrated manufacturing value chains, and the ability to deliver reliable and scalable supply solutions.

The agreement enhances our long-term earnings visibility and reflects continued progress in strengthening our speciality chemicals portfolio through high-value, sustainable partnerships,” said Suyog Kotecha, CEO of Aarti Industries Limited.

Aarti Industries financial performance

For the December quarter, Aarti Industries posted a near three-fold increase in its net profit at ₹133 crore compared with ₹46 crore in Q3FY25. Revenue rose 26% year-on-year to ₹2,319 crore from ₹1,843 crore in the year-ago period.

The company’s EBITDA grew 38.8% YoY to ₹322 crore from ₹232 crore last year, and the margin expanded to 13.9% from 12.6% in the same quarter last year.

Aarti Industries share price trend

Aarti Industries share price has largely remained positive in the near term despite weak market sentiments. The chemical stock has delivered 7.59% returns in a week and 21% in terms of year-to-date (YTD).

Zooming out further, the stock has ascended 16% in the last one year, however, has fallen 15% in three years and 29% in five years.

Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.



Source link

You Might Also Like

Access Denied

Access Denied

Access Denied

Access Denied

Access Denied

TAGGED:Aarti Industries Q3 results 2026aarti industries share priceAarti Industries share price newsaarti industries share price todayAarti Industries share price trendchemical stock Aarti Industrieschemical stocksIndian stock marketStock market today
Share This Article
Facebook Twitter Email Print
Previous Article Access Denied
Next Article Access Denied
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS