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The Economic Times
The Economic Times
Business
Debaroti Adhikary

Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why

The shares of Sumitomo Chemical India rallied sharply by around 11% on Friday, with the stock on track to record its biggest single-day surge since September 2024, following a key partnership by its parent company's Korean subsidiary and heavy trading volumes.

The shares of the company, which is associated with agrochemicals, biopesticides, feed activities, household insecticides and animal nutrition sectors, soared to Rs 488.65 apiece on the NSE on Friday.

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