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Archean Chemical Industries: Signing of MOU with Andhra Pradesh Economic Development Board

Archean Chemical Industries (ACI) filed a disclosure titled "Signing of MOU with Andhra Pradesh Economic Development Board". The company is valued at about ₹5,256 crore.

BCEIE News Desk · Published 13 Nov 2026, 04:30 pm IST · Filing received 13 Nov 2026, 04:15 pm IST

What happened

Archean Chemical Industries (ACI) filed a disclosure with the exchanges on 13 November 2026 at 04:15 PM titled "Signing of MOU with Andhra Pradesh Economic Development Board".

Company snapshot

Archean Chemical Industries is a small-cap company in the Chemicals sector, with a market value of about ₹5,256 crore.

The stock last traded at ₹425.7, against a 52-week range of ₹413.8–₹639.8 (33.5% below the high).

Before this filing the shares had moved −10.1% over the month and −15.9% over three months. Average daily turnover over the last 20 sessions was about ₹17.4 crore.

Promoters held 53.43% at the end of Q2 FY27; 27.51% of promoter shares were pledged. Foreign institutions owned 10.41% and domestic institutions 21.33%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY2623329.12.36
Q3 FY2625523.61.92
Q4 FY2630112.21.13
Q1 FY2732730.72.48
Q2 FY2729732.12.6

What history shows

BCEIE has no earlier approval filing from this company on record since May 2026.

Across 21 similar disclosures by other Chemicals companies, shares moved +2.1% on average the next day and +2.6% over five days; 67% of them rose the next day.

Market-wide, 1,624 approval filings with an impact score of 50 or more saw an average next-day move of +0.2%, with 48% rising.

Past reactions describe what happened before; they are not a forecast.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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