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Archean Chemical signs Gujarat MoU for major coastal infrastructure project

News by Aliceblue News Desk

11 Feb 2026

Archean Chemical signs Gujarat MoU for major coastal infrastructure project

Introduction

Leading speciality chemical manufacturer signed MoU with Government of Gujarat to develop captive salt jetty of 7 MMTPA capacity along state coastline.

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Share price movement of Archean Chemical

On February 11, 2026, Archean Chemical Industries Ltd opened at ₹565.70, down 0.69% from its previous close of ₹569.65. The stock reached a high of ₹573.50 (0.68%) and a low of ₹560.15. By 11:00 AM, it traded at ₹563.00, a 1.17% decrease, with a market cap of ₹6,950.71 crore.

Archean Signs Gujarat MoU

Archean Chemical Industries Limited signed a Memorandum of Understanding with the Government of Gujarat on January 30, 2026, under Investment Promotion activities of the Vibrant Gujarat Regional Conference.

The MoU covers development of a captive salt jetty with 7 MMTPA throughput along Gujarat’s coastline. The state will facilitate required permissions, approvals, registrations and clearances from concerned departments.

Stock performance of Archean Chemical for Period of 1 week, 6 months, and 1 year

Archean Chemical Industries Ltd declined 3.88% over the past week and fell 15.7% in the past six months. The stock gained 13.0% over the past one year.

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Shareholding pattern of Archean Chemical

ParticularsDec 2025Sep 2025Jun 2025
Promoter53.40%53.40%53.40%
FII11.10%11.20%11.10%
DII25.30%25.50%24.70%
Public10.20%9.90%10.80%

About Archean Chemical

Archean Chemical Industries Ltd (NSE: ACI) is India’s leading specialty marine chemical manufacturer and largest bromine and industrial salt exporter in Fiscal 2021.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Archean Chemical Industries Ltd share price rising today?

A: Archean Chemical Industries Ltd signed MoU with Gujarat to develop 7 MMTPA captive salt jetty; state to facilitate approvals and clearances.

Q: What is Archean Chemical Industries Ltd’s main business focus?

A: Archean Chemical Industries Ltd manufactures and exports bromine, industrial salt and sulphate of potash to global customers.

Q: What are the 52-week high and low of Archean Chemical Industries Ltd stock?

A: Archean Chemical Industries Ltd stock has 52-week high of ₹727.80 and 52-week low of ₹409.00.

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