Himadri Speciality Chemical share price: Why did this multibagger stock suffer its biggest weekly fall since 2008?
Himadri Speciality Chemicals' shares fell 6% on October 23, marking a 27.4% weekly decline, its worst since 2008. Despite a 44.12% rise in Q2 revenue to ₹1,542.67 crore, soaring material costs led to a margin squeeze. The stock's performance raises concerns as it has dropped 40% from its peak this year, impacting investor sentiment.