{"id":71486,"date":"2026-04-15T11:54:48","date_gmt":"2026-04-15T06:24:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=71486"},"modified":"2026-04-15T11:54:50","modified_gmt":"2026-04-15T06:24:50","slug":"himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/","title":{"rendered":"Himadri Speciality Chemical Drops 5.7% on Coal Tar Pitch Demand Slowdown + EV Anode Material Delay \u2014 Buying Opportunity or Continued Weakness?"},"content":{"rendered":"<p><strong>Himadri Speciality Chemical<\/strong> (NSE: HSCL) share price dropped 5.7% on April 13, 2026. The stock is at Rs 457 \u2014 down from a 52-week high of Rs 680. This article examines the specific trigger, the bear and bull case, and what investors should do.<\/p><p>Get SEBI-registered analyst research on <a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Univest<\/strong><\/a>.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#About_Himadri_Speciality_Chemical\" title=\"About Himadri Speciality Chemical\">About Himadri Speciality Chemical<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#What_Triggered_the_Fall\" title=\"What Triggered the Fall?\">What Triggered the Fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Why_the_Market_Is_Selling\" title=\"Why the Market Is Selling\">Why the Market Is Selling<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Aluminium_Smelter_Demand_Slowdown\" title=\"Aluminium Smelter Demand Slowdown\">Aluminium Smelter Demand Slowdown<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#EV_Anode_Material_Ramp_Delay\" title=\"EV Anode Material Ramp Delay\">EV Anode Material Ramp Delay<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Coal_Tar_Input_Cost_Volatility\" title=\"Coal Tar Input Cost Volatility\">Coal Tar Input Cost Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Valuation_at_Premium_Despite_Near-Term_Miss\" title=\"Valuation at Premium Despite Near-Term Miss\">Valuation at Premium Despite Near-Term Miss<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Event_at_a_Glance\" title=\"Event at a Glance\">Event at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Bull_Case\" title=\"Bull Case\">Bull Case<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Key_Nuance\" title=\"Key Nuance\">Key Nuance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Share_Price_History\" title=\"Share Price History\">Share Price History<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#3_Scenarios\" title=\"3 Scenarios\">3 Scenarios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Business_Segments\" title=\"Business Segments\">Business Segments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#What_Should_Investors_Do\" title=\"What Should Investors Do?\">What Should Investors Do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_Why_is_Himadri_Speciality_Chemical_share_price_falling\" title=\"Q: Why is Himadri Speciality Chemical share price falling?\">Q: Why is Himadri Speciality Chemical share price falling?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_What_is_Himadri_Speciality_Chemicals_share_price_target\" title=\"Q: What is Himadri Speciality Chemical&#8217;s share price target?\">Q: What is Himadri Speciality Chemical&#8217;s share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_What_is_Himadri_Speciality_Chemicals_52-week_low\" title=\"Q: What is Himadri Speciality Chemical&#8217;s 52-week low?\">Q: What is Himadri Speciality Chemical&#8217;s 52-week low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_Is_Himadri_Speciality_Chemical_a_good_buy_at_current_levels\" title=\"Q: Is Himadri Speciality Chemical a good buy at current levels?\">Q: Is Himadri Speciality Chemical a good buy at current levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_What_is_Himadri_Speciality_Chemicals_market_cap\" title=\"Q: What is Himadri Speciality Chemical&#8217;s market cap?\">Q: What is Himadri Speciality Chemical&#8217;s market cap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_What_triggered_Himadri_Speciality_Chemicals_fall_today\" title=\"Q: What triggered Himadri Speciality Chemical&#8217;s fall today?\">Q: What triggered Himadri Speciality Chemical&#8217;s fall today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_Where_can_I_track_Himadri_Speciality_Chemical_live\" title=\"Q: Where can I track Himadri Speciality Chemical live?\">Q: Where can I track Himadri Speciality Chemical live?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Q_What_should_I_do_if_I_hold_Himadri_Speciality_Chemical_shares\" title=\"Q: What should I do if I hold Himadri Speciality Chemical shares?\">Q: What should I do if I hold Himadri Speciality Chemical shares?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/himadri-speciality-chemical-share-price-falls-coal-tar-pitch-ev-anode\/#Recent_Articles\" title=\"Recent Articles\">Recent Articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Himadri_Speciality_Chemical\"><\/span><strong>About Himadri Speciality Chemical<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Himadri Speciality Chemical (NSE: HSCL) is India&#8217;s largest coal tar pitch manufacturer \u2014 processing coal tar (a byproduct of coke production) into specialty chemicals used by aluminium smelters, graphite electrode makers, and carbon black producers. More recently, Himadri entered the EV battery anode material market.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Triggered_the_Fall\"><\/span><strong>What Triggered the Fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Himadri fell 5.7% as two concurrent headwinds emerged: aluminium smelter production in India moderated by 4% in Q4 FY26, reducing coal tar pitch demand; and the EV battery anode material project \u2014 Himadri&#8217;s marquee growth story \u2014 is running approximately 6 months behind original capacity ramp projections.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_the_Market_Is_Selling\"><\/span><strong>Why the Market Is Selling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Access live fundamentals on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Screener<\/strong><\/a>.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Aluminium_Smelter_Demand_Slowdown\"><\/span><strong>Aluminium Smelter Demand Slowdown<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Himadri supplies coal tar pitch to NALCO, Vedanta, and Hindalco for their aluminium smelters. Any production moderation at smelters directly reduces pitch consumption. Q4 FY26 aluminium production in India was 4% below Q3.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"EV_Anode_Material_Ramp_Delay\"><\/span><strong>EV Anode Material Ramp Delay<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Himadri invested Rs 450 crore to produce synthetic graphite anode material for EV batteries. The ramp to commercial volumes is 6 months behind schedule \u2014 reducing the near-term revenue and PAT uplift that analysts had modelled.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Coal_Tar_Input_Cost_Volatility\"><\/span><strong>Coal Tar Input Cost Volatility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Coal tar prices \u2014 Himadri&#8217;s raw material \u2014 fluctuate with coke production cycles. Any disruption in domestic steel and coke production creates input cost uncertainty.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Valuation_at_Premium_Despite_Near-Term_Miss\"><\/span><strong>Valuation at Premium Despite Near-Term Miss<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>At 32x P\/E, Himadri was priced for a clean EV story execution. The delay is causing multiple compression.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Event_at_a_Glance\"><\/span><strong>Event at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Parameter<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td>CMP<\/td><td>Rs 457<\/td><\/tr><tr><td>52-Week High<\/td><td>Rs 680<\/td><\/tr><tr><td>52-Week Low<\/td><td>Rs 340<\/td><\/tr><tr><td>% Drop Today<\/td><td>-5.7%<\/td><\/tr><tr><td>NSE Ticker<\/td><td>HSCL<\/td><\/tr><tr><td>Trigger<\/td><td>Coal Tar Pitch Demand Slowdown + EV Anode Material Delay<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Bull_Case\"><\/span><strong>Bull Case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>EV battery anode material is a Rs 5,000 crore annual revenue opportunity for Himadri by FY28 \u2014 the delay is 6 months, not a cancellation.<\/p><p>Himadri is the only domestic supplier of multiple specialty carbon chemicals in India \u2014 import substitution moat.<\/p><p>Coal tar pitch export to global aluminium smelters provides USD revenue diversification.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Nuance\"><\/span><strong>Key Nuance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Himadri&#8217;s strategic repositioning \u2014 from a coal tar commodity business to an EV battery materials supplier \u2014 is genuinely transformational. The delay is frustrating but does not change the 3-year thesis. ONGC, Vedanta, and Hindalco have all confirmed commitment to domestic anode material sourcing.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Share_Price_History\"><\/span><strong>Share Price History<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Level<\/strong><\/td><td><strong>Price<\/strong><\/td><td><strong>Context<\/strong><\/td><\/tr><tr><td>52W High<\/td><td>Rs 680<\/td><td>EV story peak valuation<\/td><\/tr><tr><td>Pre-Fall<\/td><td>Rs 485<\/td><td>&#8211;<\/td><\/tr><tr><td>Current<\/td><td>Rs 457<\/td><td>5.7% fall<\/td><\/tr><tr><td>Support<\/td><td>Rs 380<\/td><td>Pre-EV re-rating base<\/td><\/tr><tr><td>52W Low<\/td><td>Rs 340<\/td><td>Key technical floor<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_Scenarios\"><\/span><strong>3 Scenarios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scenario<\/strong><\/td><td><strong>Target Price<\/strong><\/td><td><strong>Key Assumption<\/strong><\/td><\/tr><tr><td>Bear<\/td><td>Rs 340 (\u201325%)<\/td><td>EV ramp delays extend; coal tar demand stays weak<\/td><\/tr><tr><td>Base<\/td><td>Rs 520\u2013580 (+14\u201327%)<\/td><td>EV commissioning H2 FY27; pitch demand recovers<\/td><\/tr><tr><td>Bull<\/td><td>Rs 650+ (+42%)<\/td><td>EV anode commercial production; first customer shipments announced<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_Segments\"><\/span><strong>Business Segments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Segment<\/strong><\/td><td><strong>Revenue Share<\/strong><\/td><td><strong>Key Drivers<\/strong><\/td><\/tr><tr><td>Coal Tar Pitch<\/td><td>48%<\/td><td>Aluminium smelters, graphite electrodes<\/td><\/tr><tr><td>Carbon Black Oil<\/td><td>22%<\/td><td>Tyre manufacturers, rubber<\/td><\/tr><tr><td>EV Anode Material (emerging)<\/td><td>8%<\/td><td>Synthetic graphite for Li-ion batteries<\/td><\/tr><tr><td>Other Chemicals<\/td><td>22%<\/td><td>Naphthalene, anthraquinone, SNF<\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Should_Investors_Do\"><\/span><strong>What Should Investors Do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Subscribe to Univest Pro<\/strong><\/a> for SEBI-registered analyst recommendations on Himadri Speciality Chemical.<\/p><p>Himadri Speciality Chemical at Rs 457 is at a critical technical juncture. The 52-week low of Rs 340 is the key support level. Investors should track Q4 FY26 results and management commentary for resolution of the specific trigger cited in this article before making investment decisions.<\/p><p>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> for live Himadri Speciality Chemical price and SEBI-registered research alerts.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Himadri Speciality Chemical&#8217;s 5.7% fall on April 13 is anchored to the specific trigger: coal tar pitch demand slowdown + ev anode material delay. The 52-week low of Rs 340 is the key support. Track live analysis on <a href=\"https:\/\/univest.in\/user\/log-in\">Univest<\/a> and <a href=\"https:\/\/univest.in\/blogs\">Univest Blogs<\/a>.<\/p><p><strong>Disclaimer: <\/strong>This article is for informational and educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before investing.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Why_is_Himadri_Speciality_Chemical_share_price_falling\"><\/span><strong>Q: Why is Himadri Speciality Chemical share price falling?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Himadri fell 5.7% on April 13 as coal tar pitch demand slowed on aluminium production moderation and the EV battery anode material ramp was confirmed to be 6 months delayed.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Himadri_Speciality_Chemicals_share_price_target\"><\/span><strong>Q: What is Himadri Speciality Chemical&#8217;s share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Analyst consensus 12-month target for Himadri is Rs 520\u2013600, based on the EV anode material commercialisation thesis. JM Financial and MOFSL both maintain Buy ratings.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Himadri_Speciality_Chemicals_52-week_low\"><\/span><strong>Q: What is Himadri Speciality Chemical&#8217;s 52-week low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Himadri Speciality Chemical&#8217;s 52-week low is Rs 340. The current price is Rs 457 \u2014 down 5.7% from the 52-week high of Rs 680.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Is_Himadri_Speciality_Chemical_a_good_buy_at_current_levels\"><\/span><strong>Q: Is Himadri Speciality Chemical a good buy at current levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>This article is not investment advice. Review the bear\/bull scenarios above and consult a SEBI-registered financial advisor before making any investment decision.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_is_Himadri_Speciality_Chemicals_market_cap\"><\/span><strong>Q: What is Himadri Speciality Chemical&#8217;s market cap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Himadri Speciality Chemical is listed on NSE with the ticker HSCL. Check live market cap on the Univest Screener.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_triggered_Himadri_Speciality_Chemicals_fall_today\"><\/span><strong>Q: What triggered Himadri Speciality Chemical&#8217;s fall today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>The specific trigger for Himadri Speciality Chemical&#8217;s 5.7% fall on April 13, 2026 is: Coal Tar Pitch Demand Slowdown + EV Anode Material Delay.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_Where_can_I_track_Himadri_Speciality_Chemical_live\"><\/span><strong>Q: Where can I track Himadri Speciality Chemical live?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Track live price, fundamentals, FII\/DII activity, and analyst ratings on the Univest Screener.<\/p><h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_should_I_do_if_I_hold_Himadri_Speciality_Chemical_shares\"><\/span><strong>Q: What should I do if I hold Himadri Speciality Chemical shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Review the 3-scenario framework in this article. Define your stop-loss level and monitor the specific trigger events for resolution before averaging down. Consult a SEBI-registered financial advisor.<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Articles\"><\/span><strong>Recent Articles<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p><a href=\"https:\/\/univest.in\/blogs\/why-raymonds-share-price-falling\">Why is Raymond\u2019s Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-gacm-technologies-share-price-falling\">Why is the GACM Technologies Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-regaal-resources-share-price-falling\">Why is Regaal Resources Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-mangalore-refinery-petrochemicals-share-price-falling\">Why is Mangalore Refinery &amp; Petrochemicals (MRPL) Share Price Falling?<\/a><\/p><p><a href=\"https:\/\/univest.in\/blogs\/why-all-time-plastics-share-price-falling\">Why is All Time Plastics Share Price Falling?<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Himadri Speciality Chemical (NSE: HSCL) share price dropped 5.7% on April 13, 2026. The stock is at Rs 457 \u2014 down from a 52-week high of Rs 680. This article examines the specific trigger, the bear and bull case, and what investors should do. Get SEBI-registered analyst research on Univest. About Himadri Speciality Chemical Himadri<\/p>\n","protected":false},"author":26,"featured_media":71504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-71486","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"_edit_lock":["1776234346:26"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["78"],"rank_math_focus_keyword":["Himadri Speciality Chemical"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"rank_math_title":["Himadri Speciality Chemical Drops 5.7% on Coal Tar Pitch Demand Slowdown + EV Anode Material Delay \u2014 Buying Opportunity or Continued Weakness?"],"rank_math_description":[" Himadri Speciality Chemical share price falls 5.7%. 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