Commercial production of cooling agents and clove products starts at Dahej plant

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GEMAROMA · price

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

+1.7%Reaction day

₹139.40

prior close

₹144.27

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.4% vs market

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250, 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

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10m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+1.7+0.3+1.4

Next day

+6.2+0.8+5.4

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+6.6-1.1+7.6

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15d

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Gem Aromatics has started commercial production of WS-23 and WS-03 cooling agents along with clove oil and eugenol at its new greenfield facility in Dahej, Gujarat, operated through wholly owned subsidiary Krystal Ingredients. The company plans to add high-value products like Citral and Phenol derivatives to reduce reliance on mint. It serves clients such as Colgate-Palmolive, Dabur, and Patanjali, with 70 plus products and a total installed capacity of 5,346 MTPA across three plants.

Likely market impact

Capacity addition diversifies product mix and reduces mint dependence, potentially improving margins and supporting future revenue growth.