New Delhi, May 4 -- Midap chemical stock Himadri Speciality Chemical hit its 52-week high of Rs. 642.40 in intraday trade on Monday, 4 May, looking set to extend gains for the ninth consecutive session.

Himadri Speciality Chemical's share price opened at Rs.620.25 against its previous close of Rs.607.50 and jumped 6% to its 52-week high of Rs.642.40 during the session.

Himadri Speciality Chemicals recently reported a 13.5% year-on-year (YoY) increase in consolidated revenue to Rs.1,288 crore. EBITDA rose 21.15% YoY to Rs.280 crore, with operating margin expanding to 21.74%. Net profit surged 33.5% YoY to Rs.207.53 crore

As per BSE data, the chemical stock has gained over 30% in three months, while year-to-date, it is up 24%.

The stock...