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Anupam Rasayan Shares Dip After ₹180 Crore Block Deals
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CNBC TV18•21-09-2026, 10:36
Anupam Rasayan Shares Dip After ₹180 Crore Block Deals
- •Anupam Rasayan India shares declined nearly 5% after 1.41% of its equity, worth ₹180 crore, changed hands in block deals at ₹1,170 per share.
- •The identities of the buyers and sellers involved in the block deals are currently unknown.
- •Earlier this month, Anupam Rasayan secured a six-year chemical supply contract with a major US-headquartered specialty metal manufacturer.
- •The company expects consolidated revenue growth of over 30% this fiscal year, driven by volume in its pharma and polymer businesses.
- •Anupam Rasayan reported a 14% profit increase to ₹38.6 crore and a 35% revenue increase to ₹655 crore in the June quarter.
Key Questions Answered
Anupam Rasayan shares declined nearly 5% after the company witnessed block deals shortly after market open, involving 15.44 lakh shares worth ₹180 crore changing hands at ₹1,170 per share.
The company reported a profit of ₹38.6 crore in the June quarter, which is up 14% from the previous year's ₹34 crore, while revenue increased 35% to ₹655 crore.
Anupam Rasayan expects its consolidated revenue growth to be more than 30% this fiscal year, raised from its previous guidance of 20-25%, with growth driven largely by volume and supported by pharma and polymer businesses.
