Hot Pursuit     29-Nov-23
Aether Industries slides after fire incident in surat unit
Aether Industries declined 7.36% to Rs 840 after the company informed about fire incident that occurred on 28 November 2023 early morning around 01:50 Hrs at its manufacturing unit located in Surat.
The company said that injuries of approximately 25 people have been reported. Though, no causalities have been reported.

Aether Industries is engaged in the business of specialty chemicals and intermediates. The products of the company find application in various sectors like pharmaceuticals, agrochemicals, specialty, electronic chemicals, material sciences and high performance photography etc.

The company reported 34.9% surged in consolidated net profit to Rs 36.68 crore on 17.1% jumped in net sales to Rs 164.17 crore in Q2 FY24 over Q2 FY23.

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