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This company stock skyrocketed 9 per cent on acquiring the refractory business of Dalmia Bharat
This company stock skyrocketed 9 per cent on acquiring the refractory business of Dalmia Bharat

This company stock skyrocketed 9 per cent on acquiring the refractory business of Dalmia Bharat

RHI Magnesita shines on planning to acquire the Indian refractory business of Dalmia Bharat Refractories.

Tushar Jain Article rating: 5.0

RHI Magnesita closed trading at Rs 702.65, up by 57.25 points or 8.87 per cent from its previous closing of Rs 645.40 on the BSE. The scrip opened at Rs 664.50 and has touched a high and low of Rs 679.80 and Rs 655.00, respectively.

Himadri Speciality Chemical delivers 38 per cent upmove in just one week; enters long-awaited family settlement agreement
Himadri Speciality Chemical delivers 38 per cent upmove in just one week; enters long-awaited family settlement agreement

Himadri Speciality Chemical delivers 38 per cent upmove in just one week; enters long-awaited family settlement agreement

The company's entry into the family settlement agreement has been made, which is likely to propel the stock prices higher.  

Karan Dsij Article rating: 4.0

Interestingly, the stock witnessed a faster retracement as it saw a correction of 35 per cent in 11 weeks and retraced its entire downmove in just two weeks, which signals strength as well as a robust price structure.   

 

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