SYNOPSIS: Promoter entity increased its stake in one of the world’s largest producers of calcined petroleum coke (CPC) and coal tar pitch (CTP) to 2.56 percent through open market purchases, signalling confidence via gradual share accumulation over consecutive trading sessions.
During Friday’s trading session, shares of one of the leading vertically integrated producers of carbon, cement and advanced materials products surged more than 5 percent from the day’s low on the BSE, after one of its promoters bought shares in the company via open market transactions on NSE.
With a market cap of Rs. 3,693 crores, shares of Rain Industries Limited are currently trading in the green at Rs. 109.8 on BSE, compared to its previous closing price of Rs. 109.7. The stock has delivered negative returns of around 20 percent in one year, and has fallen by over 26 percent in the last one month.
What’s the News:
As per the latest disclosures with the stock exchanges, Rain Industries Limited has reported promoter-level share accumulation.
One of its promoters, Nivee Holdings Private Limited, acquired 4,00,000 equity shares, representing around 0.1189 percent stake, through an open market transaction on the NSE on 24th March 2026. Following this purchase, its shareholding increased from 81,43,250 shares (2.42 percent) to 85,43,250 shares (2.54 percent).
Subsequently, on 25th March, the promoter entity bought an additional acquisition of 80,000 equity shares, or 0.0238 stake, through open market purchases on the National Stock Exchange with a total investment of around Rs. 87.81 lakh. With these cumulative purchases, the promoter’s total shareholding has increased to 2.56 percent, indicating a gradual strengthening of its stake in the company.
Financials & More:
The company reported a significant growth in revenue from operations, experiencing a year-on-year increase of around 17 percent, from Rs. 3,676 crores in Q3 FY25 to Rs. 4,301 crores in Q3 FY26. Likewise, it reported a significant turnaround to a net profit of Rs. 38 crores from a loss of Rs. 134 crores.
Rain Industries Limited operates in three key business segments: carbon, advanced materials and cement. It is one of the world’s largest producers of calcined petroleum coke (CPC) and coal tar pitch (CTP), and has 16 production facilities in 7 countries across 3 continents and continues to grow through capacity expansions, mergers and acquisitions throughout the world across all business segments.
The Carbon segment converts the by-products of oil refining into high-value carbon-based products. These products are critical raw materials for aluminium, graphite, carbon black, wood preservation, titanium dioxide, refractory and several other global industries.
The Advanced Materials segment carries out the innovative downstream transformation of a portion of our carbon output, petrochemicals and other raw materials into high-value, eco-friendly raw materials under three sub-segments of engineered products, chemical intermediates and resins, which are critical to the specialty chemicals, coatings, construction, automotive, petroleum and several other global industries.
The Cement segment produces and markets high-quality ordinary Portland cement (OPC) Grade 53 and Portland pozzolana cement (PPC), which are consumed largely by the civil construction and infrastructure industries within India.
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