BASF India to close Care Chemicals plants at Dahej by end-2026

Capex & Operations View source PDF Explain this filing

BASF · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.1%Reaction day

₹3710.00

prior close

₹4198.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+4.7% vs market

Specialty Chemicals peers, median of 94sector-0.1%+5.2% vs sector

On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.2 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.6

10m

-2.5

15m

-1.4

30m

-4.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.1+0.4+4.7-0.1+5.2

Next day

+8.4+1.7+6.7+0.4+8.0

+11.0+2.1+8.9+0.8+10.2

+10.2+2.1+8.1+0.9+9.3

+8.9+2.1+6.8+0.9+8.0

+8.9+1.9+7.0+0.7+8.2

+11.4+2.4+9.0+1.5+9.9

15d

+4.8+3.0+1.8+1.4+3.5

+4.4+3.7+0.7+3.4+1.0

-8.0+1.6-9.5+0.5-8.5

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UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 94Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved closure of sulfation and low temperature reactor plants at Dahej (Care Chemicals business) due to overcapacity, high costs and margin pressure. Closure expected by end-2026, subject to approvals. Other Care Chemicals products continue. Dahej operations contributed Rs. 542 crore (about 4% of total revenues) in FY26.

Likely market impact

Modest revenue hit since the unit was around 4% of sales. Signals competitive pressures in India and a possible portfolio restructuring.