Archive · 28 Nov 2025
Tanfac Industries Stock Jumps 7% on Major Contract
Tanfac Industries, a company that makes chemicals, just got a big order from another company called Krishna Organics.
This order is worth Rs 336 crore and will last for 3.5 years.
Because of this good news, the price of Tanfac Industries' stock went up by 7.24% in one day.
The stock has been doing well for a long time, going up by 37% in the last six months and over 2,200% in five years.
A well-known investor, Ashish Kacholia, also owns some of this company's stock.
The stock is currently trading above its average prices over the last 50 and 200 days, and it's not moving up or down too quickly, which means it's pretty stable.
Tanfac Industries' stock rose 7.24% to Rs 4184.10 following a major contract announcement.
The company signed a Rs 336 crore contract with Krishna Organics for Solar Grade Diluted Hydrofluoric Acid.
The contract will be executed over 3.5 years, until the financial year 2028-29.
Tanfac Industries has seen significant growth, with a 37% increase over the last six months and over 2,200% in five years.
Ace investor Ashish Kacholia holds a 1.65% stake in the company.
- Who
- Tanfac Industries Limited
- What
- Signed a contract with Krishna Organics for the supply of Solar Grade Diluted Hydrofluoric Acid
- When
- Recent announcement, contract spans until 2028-29
- Where
- India, with Krishna Organics based in Vadodara
- Why
- To meet the evolving needs of customers and reaffirm their position in the chemical manufacturing sector
- Stock Price Increase
- 7.24%
- Day's High
- Rs 4184.10
- Previous Close
- Rs 3901.75
- Contract Value
- Rs 336 crore
- Contract Duration
- 3.5 years
- Ashish Kacholia's Stake
- 1.65%
- 50-day SMA
- Rs 4,172.3
- 200-day SMA
- Rs 3,767.8
- RSI
- 43.6
- MFI
- 30.1