is a specialty chemicals company engaged in carbon materials, coal tar derivatives, specialty carbon black, and advanced battery material solutions. In the latest quarter, the company reported 13.50% revenue growth and 34% net profit growth, reflecting healthy demand and operating leverage. The stock trades at a P/E of 40.63x, which remains reasonable compared to the peer average of 47.93x.
Technical Analysis:
The stock is trading in a strong long-term uptrend and has recently reclaimed the important resistance zone near ₹600, indicating renewed bullish momentum after a consolidation phase. RSI near 60 reflects healthy momentum without overbought conditions, and ADX above 23 indicates strengthening trend participation.