Goldman Sachs-owned, DII favourite small-cap stock drops 4%; Axis Securities downgrades it; do you own?
Small-cap stock Archean Chemical Industries declined nearly 4 per cent in intraday trade on the BSE on Thursday, May 8, looking set to extend losses to the third consecutive session. Archean Chemical Industries share price opened at ₹603.25 against its previous close of ₹605.40 and declined 3.6 per cent to an intraday low of ₹583.45. Around 12:45 PM, the small-cap stock traded 2.71 per cent lower at ₹589. Equity benchmark Sensex was almost flat at 80,789 at that time.
Archean Chemical Industries Q4 results 2025
The speciality chemicals company announced its Q4FY25 results after market hours on May 2. The company reported a 2.2 per cent year-on-year (YoY) decline in its profit after tax (PAT) for the quarter to ₹58.31 crore from ₹59.64 crore in the same quarter last year.
Total income, however, increased 12 per cent to ₹333.33 crore from ₹297.22 crore in Q4FY24.
EBITDA in Q4FY25 saw a mild dip, coming at ₹101.12 crore from ₹101.94 crore in Q4FY24.
(This is a developing story. Please check back for fresh updates.)
