The company's meticulous expansion plan includes Phase I, where a capacity of 40,000 MTPA will come to life at an estimated cost of Rs. 1,125 Crores, operational in 27 to 36 months at Odisha. Importantly, the capital expenditure for this phase will be predominantly sourced from internal accruals, supplemented by debt financing. At full utilization of this capacity, Himadri anticipates generating a revenue that is four times the initial capital expenditure, underlining a robust profitability and returns profile.

With a strong move on Wednesday, the stock has registered a fresh 4-month high, leaving investors eager to know what's next. 

Overall, we have noted a surge in the demand for all our products and are optimistic about steady growth in the upcoming quarters, believes Anurag Choudhary, Chairman and Managing Director of Himadri Speciality Chemical Ltd

Around noon on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally lower as the US markets look ahead to what many expect will be the start of a volatile second-quarter earnings season this week

The shares of this small-cap company have gained over 24.66 per cent in a month and delivered more than 644.06 per cent returns over a period of one year. 

Interestingly, the stock witnessed a faster retracement as it saw a correction of 35 per cent in 11 weeks and retraced its entire downmove in just two weeks, which signals strength as well as a robust price structure.   

At 11.30 am on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 were trading marginally higher.