ICICI Securities recommended hold rating on Himadri Speciality Chemical with a target price of Rs 470 in its research report dated January 22, 2026.
ICICI Securities recommended hold rating on Himadri Speciality Chemical with a target price of Rs 500 in its research report dated July 19, 2025.
In the last four quarters, there has been a consistent improvement in operating margin profile. Performance improvement is broadly in line with the base scenario mentioned in the July’22 note.