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HomeMarket NewsHere is why Bodal Chemicals shares are up 18% today
Bodal Chemicals Share Price | The company said it is also producing TCCA at its Unit 11 in Khambhat, making it the only producer of TCCA products in India. The same will help it add ₹50 crore to ₹60 crore per annum in its total turnover from FY26.
By Shloka Badkar March 10, 2025, 11:52:28 AM IST (Updated)
Bodcal Chemicals shares gained 18% after the company said the department of revenue of the finance ministry has recommended imposing of anti-dumping duty on imports of Trichloro Isocyanuric Ac (TCCA), originating in, or exported from China PR and Japan.
The same is effective for five years, with effect from March 7, 2025.
The company said it is also producing TCCA at its Unit 11 in Khambhat, making it the only producer of TCCA products in India. The same will help it add ₹50 crore to ₹60 crore per annum in its total turnover from FY26, and will also help improve the bottom line of the company.
The company's December quarter net profit gained 905.26% at ₹7.27 crore from ₹0.72 crore in the previous year. Its EBITDA was up 69.3% at ₹47.41 crore compared to the previous year's ₹28.18 crore.
Bodal Chemicals shares were trading 17.92% higher at ₹67 apiece at 11.50 am on Monday, March 10.
Bodal Chemicals shares ended the previous trade session 1.3% higher at ₹56.92 apiece.
First Published:
Mar 10, 2025 8:08 AM
IST
