Hot Pursuit     31-Dec-20
Chemcon Speciality rises after Plutus Wealth Mgmt buys stake
Chemcon Speciality Chemicals rose 3.99% to Rs 453 after Plutus Wealth Management bought 2.72% stake in the company via bulk deal on Wednesday, 30 December 2020.
As per the bulk deal data on the NSE, Plutus Wealth Management purchased 10 lakh shares, or 2.72% equity, of Chemcon Speciality on Wednesday, 30 December 2020.

Chemcon Speciality Chemicals is a manufacturer of specialized chemicals, used in the pharmaceutical and Oilwell industries. It supplies its products to domestic customers and as well as customers outside India.

Chemcon Speciality was listed on 1 October 2020 at Rs 730.95, a premium of 114.99% over the IPO price of Rs 340. The IPO opened for bidding on 21 September 2020 and closed on 23 September 2020. The price band for the IPO was set at Rs 338-340 per share. The IPO was subscribed 149.33 times.

The chemical maker's net profit rose 14.4% to Rs 15.58 crore on a 5.8% fall in net sales to Rs 61.54 crore in Q2 September 2020 over Q2 September 2019.

Previous News
  Chemcon Speciality Chemicals standalone net profit declines 15.79% in the December 2022 quarter
 ( Results - Announcements 03-Feb-23   17:51 )
  Chemcon Speciality Chemicals standalone net profit declines 60.92% in the December 2023 quarter
 ( Results - Announcements 12-Feb-24   07:41 )
  Chemcon Speciality Chemicals standalone net profit rises 51.70% in the June 2021 quarter
 ( Results - Announcements 09-Aug-21   14:55 )
  Chemcon Speciality Chemicals to conduct board meeting
 ( Corporate News - 05-Feb-21   10:26 )
  Chemcon Speciality Chemicals to convene board meeting
 ( Corporate News - 06-Nov-23   15:55 )
  Chemcon Speciality rises after Plutus Wealth Mgmt buys stake
 ( Hot Pursuit - 31-Dec-20   10:41 )
  Chemcon Speciality falls after Q1 PAT declines 13% QoQ
 ( Hot Pursuit - 09-Aug-21   14:14 )
  Chemcon Speciality Chemicals to hold board meeting
 ( Corporate News - 15-Dec-23   10:31 )
  Chemcon Speciality Chemicals standalone net profit rises 89.86% in the June 2022 quarter
 ( Results - Announcements 08-Aug-22   17:18 )
  Chemcon Speciality Chemicals to hold board meeting
 ( Corporate News - 27-Jan-23   11:50 )
  Chemcon Speciality snaps four-day losing streak
 ( Hot Pursuit - 13-Oct-20   11:17 )
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