DCM Ltd. Share Price

DCM Shriram Hits 20% Circuit on Promoter Moves

Today’s major DCM Shriram news includes Q2 FY26 results

DCM Shriram commissions ₹310 crore Bharuch chemical plant

DCM Shriram commissioned a 100 TPD Aluminium Chloride and 133 TPD Calcium Chloride plant at Bharuch on September 30, 2026. This ₹310 crore forward integration project converts captive chlorine into high-margin specialty chemicals. The new facilities absorb chlorine byproducts from Chlor-Alkali operations, marking the company's first foray into calcium chloride. This matters as it insulates the business from caustic soda price volatility, complementing a Q1 FY27 where revenue grew 9% YoY to ₹3,564 crore and PBDIT rose 12% to ₹364 crore. I am watching the Q3 FY27 earnings call for initial capacity utilization rates and sequential margin expansion in the specialty chemicals segment. The market prices DCM Shriram as a traditional agro-chemical player exposed to cyclical chlor-alkali swings. What the consensus misses is the structural margin defense this integration provides. Converting a volatile byproduct (chlorine) into high-demand, import-substitution specialty chemicals fundamentally alters unit economics. The ₹310 crore capex is already sunk; the upcoming volume ramp-up will drop largely to the bottom line with minimal incremental fixed costs. The market is ignoring this operating leverage, pricing the stock on legacy commodity cycles rather than its emerging specialty chemical annuity. Accumulate for long-term specialty margin re-rating. Disclosure: I do not hold positions in this stock. This is for educational purposes only and does not constitute investment advice.

DCM SHRIRAM SIGNS AGREEMENT WITH SERENTICA RENEWABLES FOR 58 MW HYBRID RENEWABLE ENERGY PROJECT IN GUJARAT

A leading diversified company, DCM Shriram signed a ₹150 Cr pact with Serentica Renewables for 58 MW clean power in Bharuch, reducing energy costs and accelerating its sustainability roadmap. This move strengthens power security, improves cost efficiency, and expands the company's renewable energy footprint. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

VARUN BEVERAGES: APPOINTS NEW CHRO & CHIEF MANUFACTURING OFFICER 👥 • 👔 Appointed Mr. Sarabjeet Singh Gujral as Chief Human Resources Officer (CHRO) • 🏭 Appointed Mr. Srinivasan Sourirajan as Chief Manufacturing Officer (CMO) • 📅 Both appointments are effective July 20, 2026 on a full-time basis • 🌟 Sarabjeet brings 19+ years of HR leadership experience across FMCG, agri-inputs and textiles, with previous roles at HCCB, DCM Shriram and Trident Group • ⚙️ Srinivasan has 30+ years of manufacturing experience in FMCG & food, having held leadership roles at Pernod Ricard, Perfetti Van Melle and Goodyear India 🟢 Impact: Positive (Senior leadership appointments strengthen Varun Beverages' HR and manufacturing capabilities, supporting future growth and operational excellence.)