Announced Fri, 19 Jun · 18:52 IST
Himadri raises stake in US battery firm IBC to 20.47%
HSCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹673.85
prior close
₹676.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-2.7-0.9-0.8-5.8-1.4+0.7+0.5+0.7-1.7-0.3+13.7——
Up moveDown movePending
AI summary
Himadri Speciality Chemical invested an additional USD 0.66 million in US-based International Battery Company (IBC), raising its stake from 17.29% to 20.47% on a fully diluted basis. Total investment in IBC now stands at about USD 6.09 million. The partnership supports commercial deployment of Himadri's LFP cathode and anode materials, and gives it access to IBC's California R&D centre, South Korea manufacturing facility, and upcoming Bengaluru gigafactory.
Likely market impact
Positive for long-term growth; strengthens Himadri's position in the global battery and energy storage value chain.