NSE: ACI | BSE: 543657

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662.05 -10.20 (-1.52%)

62.13% Gain from 52W Low

104.4K NSE+BSE Volume

NSE 10 Jul, 2025 2:29 PM (IST)

8,171.5

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High in industry

0.8

Beta 1Year

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Archean Chemical Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ACI, BSE:543657 Archean Chemical Industries Ltd.

Archean Chemical Industries Ltd.

08 Nov 2023

662.05

-1.52%

See bromine volume off-take improving in H2FY24

Buy: Archean Chemical Industrie...

Target

ICICI Securities Limited

Archean Chemical’s (ACI) Q2FY24 EBITDA dipped 19.5% YoY to INR 955mn due to lower revenue in bromine business, while industrial salt revenue grew 57.1% YoY. EBITDA margin has been severely impacted by lower bromine revenue mix which has much higher margins.

Promoters pledged 1.66% of shares in last quarter. Total pledge stands at 6.97% of promoter holdings

Archean Chemical Industries Ltd.

14 Sep 2023

662.05

-1.52%

Bromine is a good chemical play amid China overcapacity

Buy: Archean Chemical Industrie...

ICICI Securities Limited

Bromine prices have dropped below 15-year low in China in Jun’23, but it has partly recovered in Aug’23. The price fall was a mix of greed, speculation and sudden drop in demand. China is undergoing destocking which may last till end-CY23 as per ICL.

Archean Chemical Industries Ltd. is trading above all available SMAs

Archean Chemical Industries Ltd.

15 Aug 2023

662.05

-1.52%

Muted bromine business; outlook improving

Buy: Archean Chemical Industrie...

ICICI Securities Limited

Archean Chemical’s (ACI) Q1FY24 EBITDA dipped 16.3% YoY to INR 1.3bn due to lower volumes and prices for bromine (revenue dipped 33% YoY), while industrial salt revenue was steady, grew 3.2%. SOP shipment has also been pushed to the remaining quarters of FY24.

Archean Chemical Ind.. has an average target of 654.33 from 3 brokers.

Archean Chemical Industries Ltd.

30 May 2023

662.05

-1.52%

Bromine business to face near-term challenges

Buy: Archean Chemical Industrie...

Target

ICICI Securities Limited

Archean Chemical’s (ACI) Q4FY23 EBITDA grew 21.5% YoY to Rs1.9bn due to robust pricing in bromine and salt segments. Company is seeing pressure on bromine export volumes and realisations, which is expected to improve only in the next two quarters.

Archean Chemical Industries Ltd. is trading above all available SMAs

Archean Chemical Industries Ltd.

14 Feb 2023

662.05

-1.52%

Realisation strengthening helps drive profits

Buy: Archean Chemical Industrie...

ICICI Securities Limited

Archean Chemical’s Q3FY23 EBITDA grew 36% YoY to Rs1.6bn, a tad lower than our expectation due to lower bromine volumes, which indeed were hurt from lower off-take by Chinese. It was compensated by higher industrial salt volumes and improved realisations for both bromine and industrial salts.

Archean Chemical Industries Ltd. is trading above all available SMAs

Archean Chemical Industries Ltd.

10 Nov 2022, 12:00AM

662.05

-1.52%

Archean Chemical Industries Limited IPO

IPO Note: Archean Chemical Industrie...

Angel Broking

Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer in India and focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. Company is the largest exporter of bromine and industrial salt by volume in India in Fiscal 2021. Its marine chemicals business is predominately

Archean Chemical Industries Ltd. is trading above all available SMAs

Archean Chemical Industries Ltd.

10 Nov 2022, 12:00AM

662.05

-1.52%

ARCHEAN CHEMICALS LTD. IPO NOTE

IPO Subscribe: Archean Chemical Industrie...

Chola Wealth Direct

Archean Chemical Industries Ltd. is trading above all available SMAs

Archean Chemical Industries Ltd.

09 Nov 2022, 09:05AM

662.05

-1.52%

IPO Note-Archean Chemical Industries Limited 09112022

IPO Note: Archean Chemical Industrie...

HDFC Securities

Issue Snapshot: Issue Open: Nov 09 Nov 11, 2022 Price Band: Rs. 386 407 *Issue Size: 35,928,870 eq sh (Fresh issue of Rs 805 cr + Offer for sale of 16150000 eq sh) Reservation for: QIB atleast 75% eq sh Non-Institutional upto 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail upto 10% eq sh Face Value: Rs 2 Book value: Rs 33.45 (June 30, 2022) Bid size: - 36 equity shares and in multiples thereof 100% Book built Issue IPO Note-Archean Chemical Industries Limited