Mumbai, 3 September (Kiran News): Aarti Industries shares moved up on Tuesday after the company announced a long-term strategic agreement with DCM Shriram for chlorine supply. The stock was trading at Rs. 385.65 on the BSE, up by 0.65% from its previous close.
The scrip opened at Rs. 384.60 and touched a high of Rs. 389.55 and a low of Rs. 383.50 during the session. The company’s current market capitalisation is Rs. 13,978.24 crore.
Promoters hold 42.24% of the company, while institutional and non-institutional investors hold 26.82% and 30.94% respectively.
Under this long-term agreement, DCM Shriram Chemicals will act as the exclusive supplier of chlorine from its Chlor-Alkali plant to Aarti Industries’ new downstream chemicals facility in Zone IV, Jhagadia, Gujarat. As part of the partnership, a state-of-the-art, jacketed underground chlorine pipeline will be built between the two plants, ensuring safety, reliability, and environmental protection.
With this expansion, Aarti Industries is expected to purchase an additional 200 tonnes of chlorine per day—over and above the 150 tonnes per day already being supplied by DCM Shriram Chemicals.
Aarti Industries is a leading Indian manufacturer of specialty chemicals and pharmaceuticals with a strong global presence.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
