Himadri Speciality Chemical Stock Up 40% in Six Months as Profit Targets Outlined

Himadri Speciality Chemical shares gained 40% over the last six months despite recent profit booking, trading about 20% below its all-time high of ₹819.50.

The company aims to double its profit after tax to over ₹1,100 crore by FY28 through its strategic transition into advanced materials and electric vehicle battery components.

Plans include establishing a 100 GWh battery materials facility for cathode and anode materials projected to generate an additional ₹30,000 crore in revenue over five years.