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Archean Chemical Industries Ltd Performance

Today's Low
681.60
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Today's High
681.60
52 Wk Low
494.15
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52 Wk High
837.70


Open

681.6

Traded Value (Cr)

15.39 L

Prev. Close

680.8

VWAP

693.77

Volume

7,39,475

Face Value

2

Archean Chemical Industries Ltd Fundamentals

Market Cap
₹ 8,070 Cr
P/E Ratio (TTM)
20.28
P/B Ratio
5.15
Debt to Equity
0.04
ROE
25.16 %
EPS (TTM)
32.25
Dividend Yield
0.38%
Book Value
127.05

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Archean Chemical Industries Ltd Financials

Archean Chemical Industries Ltd Financials

Archean Chemical Industries Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 53.45 % 53.45 % 53.60 % 53.60 %
Others 20.14 % 21.36 % 24.01 % 23.02 %
Mutual Funds 11.91 % 13.93 % 13.60 % 14.46 %
Retail 8.63 % 7.12 % 5.85 % 4.86 %
FII 5.86 % 4.15 % 2.92 % 4.06 %

Promoters

53.45%

Others

20.14%

Mutual Funds

11.91%

Retail

8.63%

FII

5.86%

Promoters

53.45%

Others

21.36%

Mutual Funds

13.93%

Retail

7.12%

FII

4.15%

Promoters

53.60%

Others

24.01%

Mutual Funds

13.60%

Retail

5.85%

FII

2.92%

Promoters

53.60%

Others

23.02%

Mutual Funds

14.46%

Retail

4.86%

FII

4.06%

Resistance and Support

₹633.95

PIVOT

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Resistance
First Resistance₹647.800
Second Resistance₹656.850
Third Resistance₹670.700
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Support
First Resistance₹624.900
Second Resistance₹611.050
Third Resistance₹602.000
RSI59.967
MACD13.465
ADX22.129
CCI120.705

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day739,475211,80128.64
Week1,844,256817,60049.74
1 Month784,986347,10248.34
6 Months1,557,1731,557,173100.00

About Archean Chemical Industries Ltd

Archean Chemical Industries Limited was originally formed as a Partnership Firm under the name of 'Archean Chemical Industries' at Chennai, pursuant to a Partnership Deed dated November 20, 2003, which was registered under the Indian Partnership Act, 1932 with the Registrar of Firms, Chennai. Subsequently, the Partnership Firm converted into Private Limited Company under the Companies Act, 1956 with the name 'Archean Chemical Industries Private Limited' and a Certificate of Incorporation dated July 14, 2009 was issued by the Registrar of Companies, at Chennai. Consequent upon conversion into a Public Limited Company on November 15, 2021, name of the Company was changed to 'Archean Chemical Industries Limited. The Company is a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. It produce products from brine reserves in the Rann of Kutch, located on the Coast of Gujarat, and manufacture products at their facility near Hajipir in Gujarat. Their bromine is used as key initial level materials, which have applications in the pharmaceuticals, agrochemicals, water treatment, flame retardant, additives, oil & gas and energy storage batteries. Industrial salt is an important raw material used in chemical industry for production of sodium carbonate (soda ash), caustic soda, hydrochloric acid, chlorine, bleaching powders, chlorate, sodium sulphate (salt cake) and sodium metal. Sulphate of potash is used as a fertilizer and also has medical uses. Apart from this, the Company has an integrated production facility for bromine, industrial salt, and sulphate of potash operations, located at Hajipir, Gujarat. Its manufacturing facility is located to captive Jakhau Jetty and Mundra Port, where the Company transport products to their customers internationally. The facility and its surrounding salt fields and brine reservoirs span approximately 240 sq.km. In 2011, the Company made strategic investments of approximately Rs. 225.05 million in Sojitz Corporation. In 2013, it commenced the operations of industrial salt to Japan and South Korea. In 2014, it commenced operations on production of bromine in China. In 2015, it commissioned production of sulphate of potash in Belgium. In 2021, the Company's manufacturing facility had an installed capacity of 28,500 MT per annum of bromine, 3,000,000 MT per annum of industrial salt and 130,000 MT per annum of sulphate of potash. Their industrial salt washing facility has three washeries, each having a capacity of 200 tons/hour, which is equipped with its own quality department, effluent treatment plant, sewage treatment plant and stockyard. The Company came out with a Public Issue during November, 2022 by raising Rs. 2420 crores through fresh issue amounting to Rs. 805 crores and Offer for Sale amounting to Rs. 1615 crores.

Managing Director

P. Ranjit

Founded

NSE Symbol

ACI

Archean Chemical Industries Ltd Management

NameDesignation
SUBRAHMANYAM MEENAKSHISUNDARAMDirector
P. RanjitManaging Director
Padma ChandrasekaranIndependent Director
P RaviDirector
C G SethuramIndependent Director
KANDHERI MUNUSWAMY MOHANDASSIndependent Director
G ArunmozhiCompany Sec. & Compli. Officer

Archean Chemical Industries Ltd News

Board of Archean Chemical Industries recommends second interim dividend
Of Rs 1 per share
Archean Chemical Industries consolidated net profit rises 3.54% in the December 2023 quarter
Sales rise 13.07% to Rs 412.63 crore
Archean Chemical Industries to hold board meeting
On 3 February 2024
Archean Chemical Industries announces incorporation of step-down subsidiary - SiCSem
On 30 December 2023
Volumes spurt at Archean Chemical Industries Ltd counter
Archean Chemical Industries Ltd notched up volume of 52.36 lakh shares by 14:14 IST on NSE, a 15.11 fold spurt over two-week average daily volume of 3.46 lakh shares
Archean Chemical Industries allots 2.45 lakh equity shares
Under ESOP
Archean Chemical Industries allots 98,280 equity shares under ESOP
Board of Archean Chemical Industries recommends interim dividend
Of Rs 1 per share
Archean Chemical Industries fixes record date for interim dividend
Record date is 17 November 2023
Archean Chemical Industries consolidated net profit rises 3.79% in the September 2023 quarter
Sales decline 1.03% to Rs 290.46 crore

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Archean Chemical Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Archean Chemical Industries Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Archean Chemical Industries Ltd's share price is ₹681.60 as of April 18, 2024

Archean Chemical Industries Ltd's P/E ratio is 20.28 times as of April 18, 2024.

Archean Chemical Industries Ltd's most recent financial reports indicate a price-to-book ratio of 5.15, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Archean Chemical Industries Ltd's market is 8,070 Cr as on April 18, 2024.

The current financial records of Archean Chemical Industries Ltd show a 25.16% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Archean Chemical Industries Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Archean Chemical Industries Ltd's 52-week high and low as of April 18, 2024 are ₹681.6 and ₹681.6 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Archean Chemical Industries Ltd stands at 53.45%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 4.15% to 5.86%.