Acutaas Chemicals hits record high on strong Q2

Acutaas Chemicals rose as much as 16.46% to a record high of 3,900 on 27 October 2026 after Q2 profit grew 71.4%, closing at 3,786.1. Acutaas Chemicals [

] rallied as much as 16.46% on 27 October 2026 to a fresh all-time high of 3,900, then closed at 3,786.1, up 13.06%. The trigger was Q2 FY27 results, with profit up 71.4% to Rs 123.1 crore and revenue up 42.7% to Rs 436.9 crore. EBITDA margin improved to 40.3% from 31.1% a year earlier. The daily chart shows a strong uptrend, followed by a corrective phase since mid July 2026. Price held above 3,000 during that phase, then broke out of the range on volume of 4.69 million, well above recent sessions. RSI rose to 70.67, against its average of 49.08, showing a gain in momentum. What next: The 3,500 zone, the earlier resistance, now becomes the immediate support, with 3,000 as the key support. Above the 3,900 high, no past resistance exists, so the price is in uncharted territory. After a 13% gain, some consolidation would be normal. Conclusion: Strong earnings, raised FY27 guidance and a volume-backed breakout support the bullish structure. Holding above 3,500 keeps it intact, while a close below 3,000 would weaken it. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.