Specialty chemical stock jumps 9.8% after receiving order worth ₹31 CrSpecialty chemical stock jumps 9.8% after receiving order worth ₹31 Cr

Introduction:

Specialty chemical stock has secured a ₹16 crore contract, along with ₹15 crore in additional sales orders, for execution over two quarters. This reinforces its strong order book, expanding market presence, and growing demand in both domestic and international markets.

Share Price movement of Paragon Fine and Speciality Chemical:

On February 21, 2025, Paragon Fine and Speciality Chemical Ltd opened at ₹71.45, reaching a high of ₹71.85, up 9.8% from its previous close of ₹68.45, and a low of ₹69.00. Currently, it is trading at ₹71.85, with a market cap of ₹140.58 crore.

Paragon Fine and Speciality Chemical  share price rise:

Paragon Fine and Speciality Chemical Ltd has secured a ₹16 crore contract, expected to be delivered within the next two quarters. This order strengthens the company’s position in the chemical sector and reinforces its growing demand in both domestic and international markets.  

Additionally, the company has received multiple sales orders worth ₹15 crore from various clients. These orders, set for execution over the next two quarters, highlight its expanding customer base and sustained business growth across different regions and industries.  

With these new contracts, Paragon Fine and Speciality Chemical Ltd continues to enhance its strong order book and growth trajectory. The company’s increasing project pipeline reflects its consistent performance and commitment to meeting industry demand with high-quality chemical solutions.

Also Read: Penny stock hits 5% upper circuit after receiving order from Swiftstack Warehousing Solutions

Ace investor holding of Paragon Fine and Speciality Chemical:

Ace investor Shalu Aggarwal holds 226,800 shares in Paragon Fine & Speciality Chemical Ltd, representing a 1.16% stake. At the current price of ₹71.85, her holding is valued at approximately ₹1.6 crore, reflecting confidence in the company’s growth potential within the specialty chemical sector.

Stock performance of Paragon Fine and Speciality Chemical for Period of 1 week, 6 months and 1 year:

Paragon Fine and Speciality Chemical’s stock saw a decline across all periods. Over the past week, it dropped 9.93%, reflecting short-term weakness. In six months, it fell 52.8%, and over the last year, it declined 50.8%, indicating prolonged challenges in market performance.

Also Read: PSU stock in focus after it signs agreement with BSNL

Shareholding pattern of Paragon Fine and Speciality Chemical:

Summary	Sep-24	Mar-24
Promoter	74.80%	74.60%
FII	2.10%	2.00%
DII	0%	2.40%
Public	23.10%	21.00%

About Paragon Fine and Speciality Chemical:

Paragon Fine and Speciality Chemical Ltd specializes in manufacturing high-quality specialty chemicals for diverse industries. The company focuses on innovation, sustainability, and expanding its market presence, catering to domestic and international clients with advanced chemical solutions to drive industrial growth and efficiency.

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.