BSE smallcap specialty chemicals stock in focus as company exercises warrants, check share price

Fineotex Chemical Exercises Warrants, Shares Open in Green

Speciality chemicals company Fineotex Chemical Ltd has informed exchanges that it has exercised warrants issued on a preferential basis on November 21, 2025.

The equity shares were allotted to a mix of promoter and non-promoter investors, the company said, adding that funds raised by the company will be deployed towards working capital requirements and for operational acquisitions.

This move is expected to support the company's expansion plans and help it expand in domestic as well as international markets.

Share Price Today

Amid widespread selling, the shares of Fineotex Chemical opened in green at Rs 24.76 against the previous close of Rs 24.74 on the BSE.

The counter was trading at Rs 24.55 with a dip of 0.77 per cent from the previous close, while the market cap of the company stood at Rs 2,812 crore.

52-Week High and Low

• The stock's 52-week high is Rs 36.28, hit on December 3, 2024.
• The 52-week low is Rs 19.21.

Share Price History

According to the BSE Analytics, the scrip has delivered a multibagger return of:

• 699 per cent in 10 years.
• 474 per cent in five years.

However, it has corrected:

• 22 per cent in three years.
• 32 per cent in two years.
• 30 per cent in one year.

The scrip has dipped 32 per cent in two years and 28.70 per cent on a year-to-date basis.

Stock Market Today

After hitting a new record high in the previous intra-day session, the 30-share BSE Sensex fell by 380.02 points to 85,261.88 during initial trade.

The 50-share NSE Nifty declined by 98.3 points to 26,077.45.

Major Gainers and Losers

• Major laggards: HDFC Bank, ICICI Bank, Axis Bank, Adani Ports, Tata Motors Passenger Vehicles and Eternal.
• Major gainers: Asian Paints, Bharti Airtel, Infosys and Bajaj Finance.

Disclaimer: This article is for informational purposes only and should not be construed as investment, financial, or other advice.

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