HSCL PLANS Rs 1,613 CRORE CAPACITY EXPANSION

has drawn up a growth roadmap centred on capacity expansion, margin improvement and profit acceleration, as it aims at building the materials backbone for the energy transition economy. The company plans to invest Rs 1,125 crore in lithium iron phosphate (LFP), Rs 248 crore in speciality chemicals, Rs 70 crore in carbon nanotubes and Rs 170 crore in super speciality carbon black. Himadri Speciality Chemical Ltd is looking to build its business around three verticals – commodities, speciality chemicals and new energy materials – while diversifying its portfolio towards higher-value products and applications. Trading at P/BV of 4.80, the company has delivered good profit growth of 74% CAGR over last 5 years.