Support and Resistance Levels
Past performance
About Mahickra Chemicals Ltd Mahickra Chemicals Limited, originally established as Mahak Dye Chem Industries in 1994, transitioned to a public limited company in 2017. The company primarily manufactures and trades Reactive Dyes, specializing in Black Reactive Dyes, since 1998. With an integrated manufacturing process, Mahickra produces 40 varieties of Reactive Dyes at its facility in Vatva GIDC, Gujarat, catering primarily to the textile and garment industry. The company also offers specialty performance chemicals for textile dyeing and printing.
Promoted by Miteshkumar Champaklal Gandhi, Ashishkumar Champaklal Gandhi, and Komal Mitesh Gandhi, Mahickra focuses on varying dye concentrations to determine product pricing. The company expanded its production capacity with a new unit in 2019 for Pigment Pastes and Specialty Chemicals. In 2018, Mahickra launched a public issue of 2.1 million fresh equity shares. Additionally, in 2022, it acquired a 45% stake in RCN Specialities Private Limited, enhancing its market presence.