Shivam Chemicals begins Feed-Grade DCP production at Dahej facility

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

+2.1%Reaction day

₹142.00

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Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+2.1% vs market

Animal Feed peers, median of 7sector-0.3%+2.4% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Microcap 250 and 2.4 pts more than its Animal Feed peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Animal Feed peers, median of 7Pending

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AI summary

Shivam Chemicals has started Feed-Grade Dicalcium Phosphate (DCP) production under Phase I at its subsidiary Shivam Chemicals and Minerals facility in Dahej, Gujarat. The move expands the group from feed phosphate distribution into in-house manufacturing. It complements the existing Hydrated Lime operations with 5,000 MT monthly capacity. DCP supplies phosphorus and calcium for animal feed. Phase I sets the stage for further expansion in the feed phosphate segment.

Likely market impact

Positive expansion move. Company moves up the value chain into manufacturing, supporting future revenue diversification in animal nutrition.