NSE: HSCL · 26 October 2026
- Himadri Speciality Chemical Ltd. (HSCL) traded up 1.40% on Monday, recovering moderately from a sharp prior-session drop of -5.91% and a two-session decline of -8.76%. The stock opened lower at ₹490.20 compared to its previous close of ₹492.00, but climbed to an intraday high of ₹509.55 before finding a floor at a low of ₹485.35 and settling at ₹498.90.
- Himadri Speciality Chemical reported consolidated revenue from operations of ₹1,691.43 crore for the quarter ended September 30, 2026, up from ₹1,431.88 crore in the preceding quarter. Net profit after tax for the quarter stood at ₹231.31 crore, bringing total half-year revenue to ₹3,123.31 crore with a profit after tax of ₹459.75 crore. The carbon materials and chemicals segment remained the primary revenue driver, contributing ₹1,539.02 crore in quarterly segment revenue.
- Trading volume was 0.75 times the 20-day average daily volume.
Why is Himadri Speciality Chemical share price rising on 26 October 2026?
Himadri Speciality Chemical Ltd. (HSCL) traded up 1.40% on Monday, recovering moderately from a sharp prior-session drop of -5.91% and a two-session decline of -8.76%. The stock opened lower at ₹490.20 compared to its previous close of ₹492.00, but climbed to an intraday high of ₹509.55 before finding a floor at a low of ₹485.35 and settling at ₹498.90.
The broader market context showed positive momentum, with the benchmark Nifty rising 0.10% and the Nifty Metal sector index advancing 1.18%. While the stock's modest gain outpaced the broader market benchmark, it lagged slightly behind the broader sectoral strength in metal-related names. Over the short and medium term, however, the counter has faced significant pressure, registering a 5-day return of -24.49% and a 20-day return of -26.08% from its 52-week high of ₹819.50, placing today's uptick in the light of an oversold technical recovery rather than a structural breakout.
Company fundamentals remain anchored by strong financial performance reported for the quarter ended September 30, 2026, where consolidated revenue from operations expanded to ₹1,691.43 crore and profit after tax reached ₹231.31 crore. Additionally, recent corporate actions include the board-approved scheme of arrangement for the demerger of the tyre business of Dalmia Bharat Refractories Limited into HSCL effective October 1, 2026, alongside ongoing capital expenditure deployments monitored by ICRA Limited. While these updates provide fundamental support to the enterprise's long-term advanced materials and energy transition strategy, today's price action appears primarily driven by technical positioning and bargain hunting following weeks of heavy selling.
16.65 lakh shares traded by 26 October 2026 · 10:40 AM IST. This compares with a 20-day average daily volume of 22.18 lakh shares (0.75 times). The five-day average daily volume was 49.18 lakh shares. Separately, the NSE report for 23 October 2026 showed 10.29 lakh shares delivered, representing 28.48% of that day’s traded volume. The same report recorded 80,286 trades.
The stock gained 1.40% during the session, which aligns with a technical rebound or bargain hunting following a steep correction of over 24% across the preceding five trading days. Volume remained below average, and no immediate single-day corporate catalyst was announced to directly drive today's move.
Latest Company Developments
Himadri Speciality Chemical reported consolidated revenue from operations of ₹1,691.43 crore for the quarter ended September 30, 2026, up from ₹1,431.88 crore in the preceding quarter. Net profit after tax for the quarter stood at ₹231.31 crore, bringing total half-year revenue to ₹3,123.31 crore with a profit after tax of ₹459.75 crore. The carbon materials and chemicals segment remained the primary revenue driver, contributing ₹1,539.02 crore in quarterly segment revenue.
These financial disclosures highlight robust operational growth and margin expansion across the company's core and specialty segments, validating its strategic pivot toward high-value advanced materials.
The Board of Directors approved a Scheme of Arrangement under Section 230-232 of the Companies Act, 2013, involving the demerger of the tyre business of Dalmia Bharat Refractories Limited into Himadri Speciality Chemical Ltd as the resulting company. The appointed date for the transaction is set for October 1, 2026, subject to necessary statutory, regulatory, creditor, and shareholder approvals. The move aims to integrate capabilities and build a scalable tyre value chain leveraging HSCL's R&D and manufacturing network.
The structural transaction expands the company's operational footprint and commercial synergies within the tyre value chain, aligning with its long-term diversification strategy.
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 on the demerged tyre business integration following the October 1, 2026 appointed date
- Commercialization updates regarding advanced battery materials and silicon-carbon anode technology partnerships
- Utilization milestones for remaining unutilized preferential issue proceeds as tracked by the monitoring agency
- Sustained delivery volume participation relative to the 20-day average volume of 0.75x
More Himadri Speciality Chemical news and dated analysis →
Frequently Asked Questions
What is the latest Himadri Speciality Chemical company news?
Himadri Speciality Chemical reported consolidated revenue from operations of ₹1,691.43 crore for the quarter ended September 30, 2026, up from ₹1,431.88 crore in the preceding quarter. Net profit after tax for the quarter stood at ₹231.31 crore, bringing total half-year revenue to ₹3,123.31 crore with a profit after tax of ₹459.75 crore. The carbon materials and chemicals segment remained the primary revenue driver, contributing ₹1,539.02 crore in quarterly segment revenue.
How strong was Himadri Speciality Chemical’s trading volume?
16.65 lakh shares traded, 0.75 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 10:40 AM 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.