Support and Resistance Levels
Past performance
About AksharChem (India) Ltd AksharChem (India) Ltd., established in 1989 by Mrs. Paru M. Jaykrishna, is a prominent chemicals manufacturer based in Mehsana, Gujarat, India. The company specializes in both organic and inorganic chemicals, with a significant manufacturing capacity of 23,400 MTPA. AksharChem's product range includes Vinyl Sulphone, H Acid, and CPC Green in organic chemicals, with applications across textiles, inks, plastics, and paints. In the inorganic segment, the company focuses on Precipitated Silica, catering to tyre, rubber, agrochemical, and animal feed industries.
The company has a strong export footprint, supplying products to over 20 countries. A notable development was the acquisition of the CPC Green division from Asahi Songwon Colors Limited in 2014-15, enhancing its product portfolio. In subsequent years, AksharChem expanded its capabilities with a capital expenditure plan in Specialty Chemicals and Organic Pigments, and established a Precipitated Silica plant at Dahej. The company's strategic growth includes acquiring Akshar Pigments Pvt. Ltd., further solidifying its market presence.