990 Per cent Returns in 5 Years: This Multibagger Chemical Company Acquires 60 Per cent Stake in Trancemarine and Confreight Logistics Firm for Rs 4.23 Crore

The company has delivered a 1-year return of 35.35 per cent and a 3-year return of 452.45 per cent. In the long run of 5 years, the stock price has given multibagger returns of 990 per cent.

Himadri Speciality Chemical Ltd has announced the acquisition of a 60 per cent equity stake in Trancemarine and Confreight Logistics Private Limited for Rs 4.23 crore. This strategic move aims to establish a strong foothold in the critical and industrial minerals sector. The acquisition will make Trancemarine a subsidiary of Himadri, while its subsidiary, Sturdy Niketan Private Limited, will become a step-down subsidiary.

The acquisition is expected to be completed within ten days of signing the necessary agreements. The management has highlighted the objective of leveraging innovation, sustainability, and operational efficiency to maximize value for existing and future business endeavours. This acquisition aligns with Himadri's strategic priorities and enhances its capabilities in the resource extraction sector.

Himadri Speciality Chemical Ltd is a leading manufacturer of carbon materials and chemicals in India. It holds the position of the largest coal pitch manufacturer and is the sole producer of advanced carbon materials in the country. The company's diverse product portfolio includes battery materials, coal tar pitch, carbon black, naphthalene, and specialty oils, catering to industries such as lithium-ion batteries, paints, plastics, and construction chemicals.

Himadri has experienced significant revenue growth, with a 50 per cent increase between FY22 and FY24, driven by higher sales volumes and realisations. The company exports to 54 countries and serves major clients like CEAT, Vedanta, and Apollo Tyres. With seven manufacturing facilities in India and one in China, Himadri is expanding its production capacity, including a new facility for lithium-ion battery components. Recent acquisitions and strategic partnerships further enhance its market position and product offerings.

As of April 4, 2025, the current stock price of Himadri Speciality Chemical Ltd is Rs 456.6. The 52-week high is Rs 667.4, and the 52-week low is Rs 309.15. Himadri Speciality Chemical Ltd has a market capitalisation of Rs 22,546 crore. The Price-Earnings (PE) Ratio stands at 43.62. Major public shareholders include Narantak Dealcomm Limited with 2.96 per cent, Penguin Trading & Agencies Ltd with 1.94 per cent, LLP with 1.38 per cent, and Subham Buildwell Private Limited with 1.30 per cent.

The company has delivered a 1-year return of 35.35 per cent and a 3-year return of 452.45 per cent. In the long run of 5 years, the stock price has given multibagger returns of 990 per cent. Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.