Shree Pushkar Chemicals Soars on Incorporating Wholly Owned Subsidiary

Mumbai, September 4 (Kiran News): Shares of Shree Pushkar Chemicals & Fertilisers climbed on Thursday after the company announced the incorporation of a wholly owned subsidiary to strengthen its dyes business.

Shree Pushkar Chemicals

The stock was trading at ₹340.00 on the BSE, up by ₹11.80 or 3.60% from its previous close of ₹328.20. The scrip opened at ₹332.00 and touched an intraday high of ₹349.30 and a low of ₹332.00. A total of 18,012 shares were traded during the session.

Shree Pushkar Chemicals’ market capitalisation stands at ₹1,099.48 crore. The stock has a 52-week high of ₹410.00 recorded on July 30, 2025, and a 52-week low of ₹221.10 on April 7, 2025. Over the past week, it has traded between ₹349.30 and ₹310.70.

Promoters hold 69.36% in the company, while institutional investors own 0.42% and non-institutional investors 30.22%.

The new subsidiary, Dyecol Color Technologies (DCTPL), was incorporated in Mumbai on September 3, 2025, following approval by the company’s board in May 2025. The Ministry of Corporate Affairs issued the certificate of incorporation on the same day.

DCTPL will serve as the marketing arm for the company’s dyes and dyes intermediates business, aimed at expanding its reach and operational efficiency.

Shree Pushkar Chemicals & Fertilisers is a leading manufacturer of dyes, dye intermediates, and fertilisers, catering to both domestic and international markets.

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