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India's Thirumalai Chem extends rise on capacity outlook of key product

India's Thirumalai Chem extends rise on capacity outlook of key product

Thirumalai Chemicals LimitedJune 3, 20255
India's Thirumalai Chem extends rise on capacity outlook of key product

About this update from Thirumalai Chemicals Limited

** Shares of India's Thirumalai Chemicals NSE:TIRUMALCHM up 2.6% to 277 rupees ** Tuesday's gains come after co said on Monday it will double production capacity of phthalic anhydride by FY28 and ended session 8% higher** Phthalic Anhydride is a chemical compound used to make resins, paints and is a key product in co's portfolio ** Co owns a quarter of India's Phthalic Anhydride export market - statement** Trading vols 683k shares vs 30-day avg of 322k shares** YTD stock down ~14%

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