Thirumalai Chemicals LimitedNSE: TIRUMALCHM

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

· Issued by 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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