HIMADRI SPECIALITY CHEMICALS PLANS Rs 1,300 CRORE CAPEX IN FY27

$HSCL plans to deploy around Rs 1,300 crore in capital expenditure (capex) over the next one year, as the specialty chemical manufacturer accelerates investments in lithium-ion (Li-ion) battery materials, carbon-based advanced materials, and other high-value products. The company is also preparing for another investment cycle of around Rs 1,500 crore in the following year and setting up India’s first commercial carbon nanotube manufacturing plant with an initial investment of Rs 70 crore. The company's stock price has given strong returns of 65% in the last 6 months and has also delivered good profit growth of 73% CAGR over last 5 years. With such new expansion plans in the pipeline, the company's profits are expected to grow in the coming years.