During Wednesday’s trading session, the shares of a Mumbai-based company engaged in selling refrigerant and industrial gases and related products are in focus on stock exchanges, following a bulk deal worth a total of around Rs. 18 crores on NSE through an open market transaction.
Price Movements
With a market cap of Rs. 574.7 crores, the shares of Stallion India Fluorochemicals Limited hit an intraday high at Rs. 73.4 on BSE, up by nearly 1.4 percent, as compared to its previous closing price of Rs. 72.41.
The stock has delivered negative returns of around 42 percent in just one year, and fell by over 2 percent in the last one month.
What’s the News
As per the latest bulk deal available with the NSE, a SEBI-registered Category III Alternative Investment Fund (AIF), Neomile Growth Fund – Series I purchased 10 lakh equity shares in Stallion India Fluorochemicals, representing a 1.26 percent stake. The deal was valued at ~Rs. 7.2 crores, executed at an average price of Rs. 72 per share.
Further, Neomile Corporate Advisory Limited also bought around 14.9 lakh shares—equivalent to a 1.88 percent stake—in a transaction worth around Rs. 10.7 crore on the NSE, at an average price of Rs. 71.99 per share.
Neomile Corporate Advisory Limited is a corporate advisory firm specialising in capital market solutions, including IPOs, QIPs, and debt offerings.
Financial Performance
Stallion India Fluorochemicals reported a significant growth in revenue from operations, experiencing a quarter-on-quarter increase of nearly 26 percent, rising from Rs. 67.56 crores in Q2 FY25 to Rs. 85.15 crores in Q3 FY25.
Similarly, during the same period, the company’s net profit increased from Rs. 0.85 crores to Rs. 9.8 crores, representing an impressive growth of around 1053 percent QoQ.
About the company
Stallion India Fluorochemicals Limited is engaged in the business of manufacturing and supplying refrigerants and various gases by blending two or more gases to create new formulations, catering to both bulk and small cylinder/container requirements.
The company operates four strategically located Plants in Khalapur, Raigad (Maharashtra); Ghiloth, Alwar (Rajasthan); Manesar, Gurugram (Haryana); and Panvel, Raigad (Maharashtra).
Its gases find application across diverse sectors, including the semiconductor, automotive industry, electronics, pharmaceuticals, medical fields, fire extinguishment systems, spray foam production, glass bottle manufacturing, and aerosol production.
Written by Shivani Singh
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