Nocil share price jump 20% on anti-dumping boost. Do you own?

NOCIL share price jumped about 20 percent to Rs 190.82 apiece on NSE after the government imposed anti-dumping duties on imports of Sulphenamide Accelerators from China, the US, and the EU for five years. The Directorate General of Trade Remedies levied the duties to shield domestic producers from low-priced imports, which is expected to boost pricing power and market share for NOCIL, the country's largest manufacturer of rubber chemicals and a producer of these accelerators under its Pilcure brand.