At a time when the markets are in turmoil given the West Asia war and global economic uncertainty, Himadri Speciality Chemicals has managed to deliver return on investment of 46 per cent in last six month and 40 per cent return year-to-date to investors.In fact, the Himadri Speciality shares closed at an all-time high of ₹688 last Friday, after touching an intraday high of ₹698. It was up 2 per cent at ₹679 on Tuesday.In contrast, both the Nifty 50 and the Sensex have given negative returns in the same period. The Nifty 50 has fallen 12 per cent in the current calendar year while Sensex was down 14 per cent in the same period.The key reason for the strong performance of the stock was the company’s performance in FY’26. Himadri Speciality Chemicals net profit jumped 36 per cent to ₹755 crore last fiscal against ₹555 crore logged in same period last yearTurnover was up at ₹4,661 crore while EBITDA increased to ₹1,006 crore. The company intends to double its profit by FY28.Rajesh Palviya, Senior Vice President Research (Head of Research) at Axis Securities said the company has been on a strong uptrend across all time frames reaffirming bullish sentiment. The higher trading volume in last couple of months indicate increased market participation, he added.Analysts expect the stock to continuously outperform the market given its leadership in the electric vehicle battery material industry and its plans to scale up its carbon black business, introduce new chemicals as part of its forward integration plan, operationalise its LFP (Lithium Iron Phosphate) cathode active material plant and ramp up Birla Tyres, which it acquired recently.Published on June 9, 2026