MoneyWorks4Me

Archean Chemical Industries soars on signing MoU with Government of Gujarat

11 Feb 2026 Evaluate

Archean Chemical Industries is currently trading at Rs. 585.20, up by 15.55 points or 2.73% from its previous closing of Rs. 569.65 on the BSE.

The scrip opened at Rs. 565.70 and has touched a high and low of Rs. 604.40 and Rs. 560.15 respectively. So far 5619 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 727.80 on 13-Aug-2025 and a 52 week low of Rs. 409.00 on 17-Feb-2025.

Last one week high and low of the scrip stood at Rs. 604.40 and Rs. 539.45 respectively. The current market cap of the company is Rs. 7208.12 crore.

The promoters holding in the company stood at 53.43%, while Institutions and Non-Institutions held 36.33% and 10.25% respectively.

Archean Chemical Industries has signed Memorandum of Understanding with the Government of Gujarat for development of captive salt jetty and associated infrastructure with throughput of 7 MMTPA (million metric tonnes per annum) along the coastline of Gujarat. The Government of Gujarat will facilitate the company to obtain necessary permissions/registrations/approvals/clearances etc. from the departments concerned of the state.

Archean Chemical Industries is the leading speciality marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.

Peers
Company Name CMP
Godrej Industries 1106.50
SRF 2540.10
BASF India 3578.75
Pidilite Inds. 1586.00
Tata Chemicals 670.65
View more..