Himadri Speciality Chemical shares jumped over 14% in Friday’s trade, driven by heavy volumes. As of 12:02 PM, the shares were trading 13.03% higher at Rs 507.45.
The stock opened at ₹451.90 and rallied to an intraday high of ₹511.95, significantly above its previous close. The stock also marked a strong bounce from its day’s low of ₹449.25.
While still below its 52-week high of ₹688.70, the stock is trading well above its 52-week low of ₹365.35, reflecting renewed investor interest.
The sharp upmove is seen as a result of robust buying activity, with traders eyeing potential momentum. Market participants are closely watching whether the rally sustains in the coming sessions.
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