Latest news with #SumitomoChemicalIndia
&w=3840&q=100)
Business Standard
27-05-2025
- Business
- Business Standard
Here's why Sumitomo Chemical India share price was under pressure today
Sumitomo Chemical India share price: Sumitomo Chemical India shares dropped up to 5.95 per cent to hit an intraday low of ₹503.15 per share on Tuesday, May 27, 2025. At 11:35 AM, Sumitomo Chemical India shares were trading 5.16 per cent lower at ₹507.40. By comparison, BSE Sensex was trading 0.14 per cent higher at 82,290.70 level. Why did Sumitomo Chemical share price drop in trade? Sumitomo Chemical India shares were under pressure due to weak March quarter of financial year 2025 (Q4FY25) results. The company's profit dropped 9.3 per cent year-on-year (Y-o-Y) to ₹100 crore in the March quarter of FY25, from ₹110 crore a year ago. The revenue from operations, or topline, rose marginally (0.8 per cent Y-o-Y) to ₹679.4 crore in Q4FY25, from ₹674.2 crore in Q4FY24. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) fell 14.7 per cent year-on-year to ₹119.5 crore in Q4FY25, from ₹140.1 crore in Q4FY24. Sumitomo Chemical dividend Sumitomo Chemical India's Board of Directors has declared dividend for FY25 of ₹1.20 per equity share on 49,91,45,736 equity shares of ₹10 each which is subject to the approval of the members in the Annual General Meeting and will be paid on or after August 11, 2025. About Sumitomo Chemical Sumitomo Chemical, established in 1913 in Japan, began with a mission to address environmental challenges by transforming sulfur dioxide emissions from copper mining into fertilizers. Over the past century, the company has grown into a global chemical powerhouse, leveraging its strong commitment to research, innovation, and sustainability. With a workforce of over 34,000 employees and more than 100 subsidiaries and affiliates worldwide, Sumitomo Chemical delivers high-performance solutions across a broad spectrum of industries. The company's diverse portfolio spans petrochemicals, IT-related chemicals, health and crop science products, pharmaceuticals, and advanced materials for energy and mobility. Its operations are organised into key segments including Agro & Life Solutions, Essential Chemicals & Plastics, ICT & Mobility Solutions, and Energy & Functional Materials. In India, its subsidiary, Sumitomo Chemical India Limited (SCIL), plays a critical role in delivering crop protection, animal nutrition, and environmental health products tailored to the local market.
Business Standard
27-05-2025
- Business
- Business Standard
Sumitomo Chemical India consolidated net profit declines 9.23% in the March 2025 quarter
Sales rise 0.77% to Rs 679.42 crore Net profit of Sumitomo Chemical India declined 9.23% to Rs 99.58 crore in the quarter ended March 2025 as against Rs 109.70 crore during the previous quarter ended March 2024. Sales rose 0.77% to Rs 679.42 crore in the quarter ended March 2025 as against Rs 674.20 crore during the previous quarter ended March 2024. For the full year,net profit rose 36.79% to Rs 505.50 crore in the year ended March 2025 as against Rs 369.54 crore during the previous year ended March 2024. Sales rose 10.71% to Rs 3148.52 crore in the year ended March 2025 as against Rs 2843.95 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 679.42674.20 1 3148.522843.95 11 OPM % 17.6020.79 - 20.0716.69 - PBDT 149.52165.57 -10 746.29565.14 32 PBT 133.11148.80 -11 680.24502.95 35 NP 99.58109.70 -9 505.50369.54 37
&w=3840&q=100)
Business Standard
22-05-2025
- Business
- Business Standard
These 2 smallcap stocks see Golden Crossover on charts; can rally up to 21%
Shares of City Union Bank and Sumitomo Chemical India - smallcaps - have witnessed a Golden Crossover on the daily charts on Thursday, May 22. Technically, the term 'Golden Crossover' means that the short-term moving average - the 50-Day Moving Average (50-DMA) of the particular stock has now crossed-over the 200-DMA on the higher side. In general, a 'Golden Crossover' implies a bullish (positive) bias for the particular stock as the short-term moving average which crosses-over, tends to provide support at higher levels. CATCH LATEST STOCK MARKET LATEST UPDATES TODAY LIVE Here's a detailed technical analysis on these 2 smallcap stocks basis today's 'Golden Crossover'. City Union Bank (CUB) Current Price: ₹196 Upside Potential: 21% Support: ₹193.50; ₹189; ₹180 Resistance: ₹199; ₹207; ₹211; ₹227 City Union Bank stock has been making higher-highs and higher lows on the daily scale for the last two months. The stock is expected to trade on a buoyant note as long as it holds above ₹193.50 levels. Below which, support for the stock can be anticipated around ₹189 and ₹180 levels. CLICK HERE FOR THE CHART On the upside, the stock can potentially challenge its record high, which stands at ₹237. Technical chart shows presence of interim resistance around ₹199, ₹207, ₹211 and ₹227 levels. Sumitomo Chemical India Current Price: ₹533 Upside Potential: 16.3% Support: ₹527; ₹514; ₹500; ₹476 Resistance: ₹559; ₹570 Sumitomo Chemical stock has been consolidating above its 200-DMA, which stands around ₹527 levels, in recent trading sessions. Below which, technical chart shows presence of support around ₹514 and ₹500 levels. The overall bias is likely to remain positive as long as the stock holds above ₹476. On the upside, the stock faces interim resistance around ₹559. Break and sustained trade above the same can potentially trigger a rally towards ₹620 levels, with intermediate resistance around ₹570 levels.
