Himadri Speciality surges 11% on heavy volumes; zooms 40% in one week

In the past six months, HSCL has outperformed the market by surging 75 per cent, as compared to a 9 per cent decline in the S&P BSE Sensex.

Shares of Himadri Speciality Chemicals (HSCL) surged 11 per cent to Rs 84.10 on the BSE in Friday’s trade on the back of heavy volumes. In comparison, at 12:22 pm,  the S&P BSE Sensex was up 0.38 per cent. The stock has zoomed 40 per cent in the last one week. It had hit a 52-week high of Rs 85.50 on April 5, 2022.

At the time of publishing, it was trading 10 per cent higher at Rs 83 as trading volumes jumped 4 times. A combined 48 million equity shares representing 11.5 per cent of total equity of HSCL