NSE: HSCL · 4 November 2026
- Himadri Speciality Chemical has risen 10.95% over 3 trading sessions; today's move is +6.25%.
- The company announced that its members approved the alteration of its Memorandum of Association and adoption of a new set of MOA aligned with the Companies Act, 2013, through a postal ballot concluded on October 27, 2026. This amendment updates object clauses and aligns the company's constitutional documents with current statutory requirements to facilitate new business activities.
- Trading volume was 1.38 times the 20-day average daily volume.
Himadri Speciality Chemical share price: 10.95% rise over 3 trading sessions
Himadri Speciality Chemical Ltd. shares advanced 6.25% today, closing at ₹562.05 after moving within a session range of ₹523.75 to ₹564.95.
The broader market and sectoral backdrop provided a supportive environment for the move. The benchmark Nifty rose 0.63%, while the Nifty Metal sector index outperformed with a notable gain of 2.80%. This broader strength in allied sectors aligns with the positive price momentum observed in the stock.
Company disclosures provide ongoing context, including the recent board approval for a scheme of arrangement regarding the demerger of the tyre business of Dalmia Bharat Refractories Limited into the company, as well as an alteration of the Memorandum of Association approved via postal ballot.
35.36 lakh shares traded by 4 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 25.60 lakh shares (1.38 times). The five-day average daily volume was 17.20 lakh shares. Separately, the NSE report for 4 November 2026 showed 10.64 lakh shares delivered, representing 30.09% of that day’s traded volume. The same report recorded 83,629 trades.
The stock moved up 6.25% on above-average volumes, supported by positive momentum in the Nifty Metal sector index. While recent structural updates such as the MOA alteration and tyre business demerger provide underlying corporate context, today's move reflects strong cash-market participation and sectoral tailwinds rather than a direct single-day operational catalyst.
Latest Company Developments
The company announced that its members approved the alteration of its Memorandum of Association and adoption of a new set of MOA aligned with the Companies Act, 2013, through a postal ballot concluded on October 27, 2026. This amendment updates object clauses and aligns the company's constitutional documents with current statutory requirements to facilitate new business activities.
Updating the corporate framework ensures statutory compliance and provides operational flexibility for future business expansions.
Following organizational restructuring recommendations from the Nomination and Remuneration Committee, the Board of Directors approved a revised list of Senior Management Personnel on October 30, 2026. The update reflects revised reporting lines across key divisions including Carbon Black, Tyre and Strategy, and Treated Black.
Internal leadership alignments formalize structural changes as the company expands its operating divisions.
The Board of Directors approved a Scheme of Arrangement under Sections 230-232 of the Companies Act, 2013, involving the demerger of the tyre business of Dalmia Bharat Refractories Limited into Himadri Speciality Chemical Ltd. The arrangement aims to build a stronger and more scalable tyre value chain with an appointed date of October 1, 2026.
The demerger integrates feedstock, specialty carbon black, and manufacturing capabilities to strengthen the company's footprint in the tyre sector.
Himadri Speciality Chemical Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Divestment of stake in a Step-down Subsidiary by Trancemarine and Confreight Logistics Private Limited, a Subsidiary of the Company.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.73% on 30 September 2026. This compares with 1.26% on 30 June 2026, a change of -0.53 percentage points.
The filing reported 23 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress and regulatory developments regarding the demerger of the tyre business from Dalmia Bharat Refractories Limited.
- Volume and cash delivery trends following today's surge above average daily participation levels.
- Commercialization updates concerning advanced materials, silicon-carbon anodes, and lithium-ion battery initiatives.
- Quarterly financial performance tracking against previous revenue and EBITDA growth milestones.
Other Dated Coverage
More Himadri Speciality Chemical news and dated analysis →
Frequently Asked Questions
What is the latest Himadri Speciality Chemical company news?
The company announced that its members approved the alteration of its Memorandum of Association and adoption of a new set of MOA aligned with the Companies Act, 2013, through a postal ballot concluded on October 27, 2026. This amendment updates object clauses and aligns the company's constitutional documents with current statutory requirements to facilitate new business activities.
How strong was Himadri Speciality Chemical’s trading volume?
35.36 lakh shares traded, 1.38 times the 20-day average daily volume. The price and volume data are dated 4 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.