1 year ago
Sudarshan Chemicals Shares Surge Amid Investor Confidence
Sudarshan Chemical Industries' stock price went up a lot recently!
It's up nearly 11% to a new high, more than 66% from its lowest point in the last year.
This is despite a delay in reporting the company's financial results.
A well-known investor, Vijay Kedia, still owns a part of the company.
The delay in the financial results is because Sudarshan Chemicals bought a pigment business from a German company, adding many new businesses and locations.
The company is working to finish the financial reports now.
Sudarshan Chemical Industries' stock surged nearly 11% to a 52-week high.
The stock has gained over 66% from its 52-week low.
Vijay Kedia holds a 1.27% stake in the company.
The company delayed its FY25 financial results due to the Heubach Group acquisition.
The acquisition added 60 subsidiaries and 17 manufacturing sites to Sudarshan’s footprint.
- Who
- Sudarshan Chemical Industries.
- What
- Shares of Sudarshan Chemical Industries surged.
- Where
- N/A
- When
- June 9, 2025, the stock hit a new 52-week high.
- Why
- Due to investor confidence, despite delayed financial results.
Key facts
- Stock Increase
- Nearly 11%
- 52-Week High
- ₹1,298
- Gain from Low
- Over 66%
- Vijay Kedia Stake
- 1.27%
- Reason for Delay
- Heubach Group Acquisition
