According to The Economic Times, analysts have recommended Jayaswal Neco Industries and Alkyl Amines for Friday trading, citing bullish breakouts, strong trading volumes and improving RSI momentum. Jayaswal Neco Industries has been assigned a target price of ₹110 with a buying zone of ₹100-101 and stop-loss at ₹95. Alkyl Amines carries a target of ₹2,250 with a buying zone of ₹2,050-2,060 and stop-loss at ₹1,975.
As reported by The Economic Times, Jayaswal Neco Industries has demonstrated a strong decisive breakout above horizontal resistance at ₹96 with surging volume. The stock has reclaimed all short-term EMAs (20, 50 and 100), with RSI expanding towards 68, confirming fresh bullish momentum for continuation towards the target price of ₹110. Similarly, Alkyl Amines has achieved a clean breakout from consolidation above the ₹2,000 resistance level on strong volume, trading safely above all key moving averages (20, 50, 100 and 200 EMA) with RSI strengthening near 66, signalling uptrend momentum towards ₹2,250.
The Board of Directors of Tega Industries Limited approved a significant capital raising initiative on August 22, 2026, announcing the creation and issue of up to 4,78,435 fully paid-up equity shares of face value ₹10 each. The company will raise approximately ₹95.40 crore through a preferential issue on a private placement basis, with shares to be offered at ₹1,994 per share including a premium of ₹1,984. The proposed allotment is directed to AP Jupiter Holdings II, Ltd., a public category entity, following the Board's consideration of an Expression of Interest letter. The equity shares will be issued in compliance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Acutaas Chemicals Limited announced that its step-down subsidiary Indichem Inc., based in South Korea, has inaugurated its semiconductor chemicals manufacturing plant at Gongju, Chungcheongnam-do. Speaking on the occasion, Naresh Patel, Chairman & Managing Director of Acutaas Chemicals, stated: "We are thrilled to inaugurate the Gongju plant just eleven months after breaking ground, reflecting the exceptional discipline brought by both partners. By combining India's core strengths in complex chemical synthesis with Korea's expertise in ultra-high-purity refining, we have built a synergistic model that neither company could have executed alone. This marks a vital step in scaling our semiconductor materials business into a long-term growth engine for Acutaas."
Acutaas Chemicals delivered robust financial results in Q1 FY27, with consolidated net profit jumping 67.67% to ₹74.26 crore compared with ₹44.29 crore in Q1 FY26. The company's net sales climbed 59.08% YoY to ₹329.67 crore in Q1 FY27, demonstrating strong operational performance. As a specialty chemicals manufacturer serving pharmaceuticals, semiconductors, battery chemicals, personal care, agrochemicals, and fine chemicals industries, Acutaas Chemicals is well-positioned to benefit from the new Gujarat facility expansion and its international manufacturing capabilities through Indichem Inc.
