Shares of Supreme Petrochem Ltd rose over 4.5% at intraday trade on Tuesday, August 31, demonstrating strong momentum ahead of the previous week's close of ₹700.85, according to latest market reports. The stock showed robust trading activity with more than 8 lakh shares changing hands in mid-morning trade, representing volume at about 14.82 times the stock's 10-day average. This significant volume spike indicates heightened investor interest in the polystyrene manufacturer.
The company's shares have risen more than 14% since the start of the year, as reported by market data. However, the stock has fallen more than 5% over the trailing 12-month period. The polystyrene maker's shares were trading at an almost 33% decline from their 52-week high of ₹979, while trading more than 58% away from their 52-week low of ₹462.30. Monday's rise in share price came after the stock closed in the red in six of the last 10 trading sessions.
Latest shareholding data shows that as of June 2026, over 64.24% of the company's shares were held by promoters, followed by 27.73% held by public shareholders, according to CNBC TV18. Domestic Institutional Investors held 4.23%, while the remaining 3.80% was held by foreign institutional investors. The Mumbai-based company, which commenced operations in 1995, has a market capitalization of ₹13,896.26 crore.
The company deals in the production of polystyrene and styrenic polymers, as reported by CNBC TV18. Earlier this year in July, the company refrained from issuing volume growth guidance for the financial year 2026-27 (FY27), citing uncertainty caused by the continuing conflict in West Asia, which had disrupted raw material prices, exports and demand. The company announced it would move ahead with its ₹325 crore polystyrene capacity expansion project at its Amdoshi complex in Maharashtra, scheduled for completion by December 2028.
The company's Executive Director Rakesh Nayyar told CNBC TV18 that volatility in styrene prices and global supply chains had made it difficult to forecast demand, even as the company continued to monitor the market and supply to domestic demand. According to the report, the company had cited uncertainty caused by the continuing conflict in West Asia as a factor in refraining from providing volume growth guidance for FY27.
