Aarti Industries is currently trading at Rs. 613.85, up by 31.00 points or 5.32% from its previous closing of Rs. 582.85 on the BSE.

The scrip opened at Rs. 600.50 and has touched a high and low of Rs. 633.00 and Rs. 600.50 respectively. So far 236010 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 661.40 on 29-Dec-2023 and a 52 week low of Rs. 438.05 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 633.00 and Rs. 580.00 respectively. The current market cap of the company is Rs. 22029.37 crore.

The promoters holding in the company stood at 43.55%, while Institutions and Non-Institutions held 26.67% and 29.77% respectively.

Aarti Industries (AIL) has signed long-term agreement with a multinational conglomerate for supply of a niche speciality chemical. The contract entails supply over a period of four years and is anticipated to generate revenue of over Rs 6000 crore for the Company.

The customer is a part of a multinational conglomerate having diversified business interests. Aarti Industries has established robust relationships with this customer and has been supplying the said product for the past five years. While the association has developed over the years, this contract serves to reinforce and deepen the relationship over a medium to long-term duration. The product has been an integral part to AIL's long-term growth strategy, and its volume has consistently increased over the past 4-5 years. AIL's ongoing capital expenditure programs will meet the contract requirements, and hence, AIL does not anticipate any additional capital expenditure for this contract.  

Aarti Industries is engaged in manufacturing and dealing in speciality chemicals and pharmaceuticals.