{"id":115842,"date":"2023-12-19T14:28:41","date_gmt":"2023-12-19T08:58:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115842"},"modified":"2023-12-19T14:28:46","modified_gmt":"2023-12-19T08:58:46","slug":"aether-industries-makes-entry-into-electrolyte-additives-and-battery-space","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/aether-industries-makes-entry-into-electrolyte-additives-and-battery-space\/","title":{"rendered":"Aether Industries makes entry into electrolyte additives and battery space\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1981554346\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Specialty chemicals stock focused on producing advanced intermediated and specialty chemicals, which has well-known clients such as Aramco, Dr. Reddy\u2019s, and many more, in green after it makes entry into the electrolyte additives and battery space.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-218204829\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 9:30 a.m the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/AETHER\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Aether Industries<\/a><\/strong> were trading at Rs. 918.05, up 1.22 percent from its previous day\u2019s close price of Rs. 909.35 and its market capitalization is Rs. 11,818 Crores.\u00a0<\/p><p>Aether Industries Limited has executed a strategic agreement with Global Lithium-Ion Battery Producer to announce entry into the electrolyte additives and battery space. The agreement includes the commercial supply finalization of one specific electrolyte additive and initiates the discussion on three others.&nbsp;<\/p><p>In Addition to this it had earlier signed a license agreement with Saudi Aramco Technologies Company for commercialisation of the sustainable converge polyols technology. The manufacturing process of this technology has been jointly developed and validated at a pre-commercial scale by Aramco.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-4231672395\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Aether Industries Limited is a specialty chemicals manufacturer focused on producing advanced intermediated and specialty chemicals used in Pharmaceutical industries, coating, agrochemicals, additives, and many more.&nbsp;<\/p><p>It has a strong customer base with well-known clients such as Divis Laboratories, Dr. Reddy\u2019s, Aramco, Laurus Labs, Polaroid, Mankind Pharma, and many more.&nbsp;<\/p><p>The company\u2019s business segment revenue breakup is as follows, it generated 52 percent of its revenue from large-scale manufacturing of Advanced intermediates and specialty chemicals, 34 percent from contract manufacturing of products, and 13 percent from Contract research and manufacturing services.&nbsp;<\/p><p>The company\u2019s revenue from operations grew 10.33 percent from Rs. 590 Crores in FY22 to Rs. 651 Crores in FY23, accompanied by increasing profits of Rs. 109 Crores to Rs. 130 Crores.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1198631743\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Specialty chemicals stock focused on producing advanced intermediated and specialty chemicals, which has well-known clients such as Aramco, Dr. Reddy\u2019s, and many more, in green after it makes entry into the electrolyte additives and battery space.&nbsp; At 9:30 a.m the shares of Aether Industries were trading at Rs. 918.05, up 1.22 percent from its previous [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9916,15260,9915,948,936],"class_list":["post-115842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-aether-industries-latest-news","tag-aether-industries-new-business","tag-aether-industries-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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