Archive · 9 Jan 2026
Himadri Speciality Chemicals Stock Surges Amid Expansion Plans
Himadri Speciality Chemicals is a company that makes special chemicals and has seen its stock price go up a lot in the last five years.
Even though it went down a bit last year, experts think it will go up again because the company is expanding.
They are making more of their current products and also starting new businesses, like making parts for electric vehicle batteries.
The company's leader, Anurag Choudhary, says they are focusing on special chemicals used in many things like plastics and batteries.
Experts like Rajesh Agarwal and Ambareesh Baliga think the company's new plans and investments will make it do even better.
They expect the stock price to reach ₹630 in a few years.
The company also made a lot of money last year, and they will share their latest results soon.
Himadri Speciality Chemicals' stock price has surged 832% over the last five years and 393% over the last three years, but declined 18% in the last year.
The company is expanding its coal tar pitch capacity from 5 lakh to 6 lakh metric tonnes annually and doubling its carbon black capacity to 1.30 lakh tonnes per annum.
Himadri is entering the lithium-ion battery materials and advanced chemicals business, aiming to become India’s largest supplier to global electric vehicle and energy storage supply chains.
Experts expect the stock price to hit ₹630 in FY26 due to the company's new forays and strategic investments.
The company achieved its highest-ever EBITDA of ₹844 crore and profit after tax of ₹558 crore in FY25, with Q3FY26 results to be announced on January 16.
- Who
- Himadri Speciality Chemicals, market analysts, Anurag Choudhary, Rajesh Agarwal, Ambareesh Baliga, Jigar S. Patel
- What
- Stock price surge and expansion plans of Himadri Speciality Chemicals
- When
- Over the last five years, with a significant increase and recent decline, and upcoming results announcement on January 16
- Where
- India, with a focus on global electric vehicle and energy storage supply chains
- Why
- Due to the company's healthy growth prospects, expansion into new business areas, and strategic investments
- Stock Price Increase (5 Years)
- 832%
- Stock Price Increase (3 Years)
- 393%
- Stock Price Decrease (1 Year)
- 18%
- Current Business Expansion
- Coal tar derivatives and speciality carbon black
- New Business Ventures
- Lithium-ion battery materials and advanced chemicals
- Capacity Expansion
- Coal tar pitch from 5 lakh to 6 lakh metric tonnes annually
- Carbon Black Capacity
- Doubling to 1.30 lakh tonnes per annum
- Capital Expenditure
- ₹220 crore
- Expected Share Price (FY26)
- ₹630
- EBITDA (FY25)
- ₹844 crore
- Profit After Tax (FY25)
- ₹558 crore
- Q3FY26 Results Announcement
- January 16