Balaji Amines shares snap four-day losing streak, surge nearly 18% to hit 52-week high

Balaji Amines shares snap four-day losing streak, surge nearly 18% to hit 52-week high


Shares of Balaji Amines Ltd. hit their fresh 52-week high on Tuesday, June 2, 2026.

The stock snapped its four-day losing streak and gained over nearly 18%. on Tuesday. This is its biggest single-day gain after May 14, 2026, when the stock had gained 20% in a single session. The stock is also the top gainer on the BSE Smallcap index.

The Balaji Amines stock witnessed a sharp spike in volumes post 12.45 pm on Tuesday. As of 2:40 PM, over 24 lakh shares of Balaji Amines had changed hands, compared to its 20-day average of around 4 lakh shares at this time of the day.

As many as 19% of the shares traded, so far, are marked for delivery.

History has generally been in favour of Balaji Amines in the month of June. In the last three years, the stock has delivered returns of 27%, 9% and 10% respectively in 2025, 2024 and 2023 respectively.

Balaji Amines reported its fourth quarter results last month. Its net profit increased 57.8% to ₹63.2 crore from ₹40.1 crore in the previous year. Its revenue was up 11.9% at ₹394.8 crore from ₹352.7 crore in the March quarter last year.

The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 58% to ₹94.2 crore from ₹59.7 crore in the fourth quarter last fiscal. Its margin expanded to 23.9% from 16.9% in the year-ago period.

The company also recommended a final dividend of ₹11 per share. for the financial year 2026.

Shares of Balaji Amines are currently trading 14.5% higher on Tuesday at ₹2,005. The stock is up 80% so far this year. The stock is witnessing its best year after four years of negative returns.

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