13 Jun 2025

Tanfac Industries Rises 1.86%, Commissions India’s First Solar Grade DHF Plant

Tanfac Industries is currently trading at RS. 3116.30, up by 56.85 points or 1.86% from its previous closing of RS. 3059.45 on the BSE.

The stock opened at RS. 2901.10 and touched an intraday high of RS. 3149.75 and a low of RS. 2901.10. A total of 3143 shares have been traded on the counter so far.

This BSE group 'B' stock, with a face value of RS. 10, has recorded a 52-week high of RS. 3970.00 on February 5, 2025, and a 52-week low of RS. 1890.00 on October 8, 2024. Over the past week, the scrip touched a high of RS. 3174.80 and a low of RS. 2901.10. The current market capitalization stands at RS. 3021.28 crore.

The company’s shareholding pattern consists of 51.81% held by promoters, 0.57% by institutions, and 47.62% by non-institutional investors.

Tanfac Industries has successfully commissioned its 5,000 tonnes per annum (TPA) Solar Grade Dilute Hydrofluoric Acid (DHF) plant. This follows approval of trial production quality by one of India’s leading solar energy producers, confirming the product meets strict quality standards.

With this achievement, Tanfac becomes the first Indian chemical company to commission a Solar Grade DHF plant—a crucial raw material in the solar energy sector. The company is currently implementing Phase 2 of the project to double the plant's capacity to 10,000 TPA, with commissioning expected within the next three months.

Tanfac Industries is a leading Indian chemical manufacturer specializing in high-quality specialty fluoride chemicals.