Shares of speciality chemicals manufactures Fineotex Chemical Ltd gained on Wednesday following the announcement of the financial results for Q1 FY26. The counter started the trading session at Rs 232 on the BSE against the previous close of Rs 227.95. This represents a gain of 1.77 per cent. The counter jumped further to touch the intraday high of Rs 238.3 a jump of 4.54 per cent from the closing price of the last trading session. Last seen it was trading at Rs 235.20 and held in green. In between the scrip touched an intraday low of Rs 229.55. Technically the stock is currently trading below the 5-day 20-day 50-day 100-day and 200-day moving averages. This indicates a potential bearish trend in the stocks performance. The 52-week high of the stock is Rs 438.60 and the 52-week low is Rs 192.05. On the National Stock Exchange (NSE) the stock started the trading session at Rs 229.40 and touched the intraday high and low of Rs 238.50 and 229.35 respectively. Share Price History The stock has delivered a positive return of 606 per cent to its investors in five years. However it has corrected 18 per cent in the last two years and 32 per cent in the last year. This correction is in line with the broader market trends and the companys performance in the past. Quarterly Results The company has posted a positive result in the April-June quarter of the financial year 2025-26. The companys profit after tax (PAT) in the quarter under review stood at Rs 25.03 crore. This is a growth of 24.34 per cent quarter-on-quarter (QoQ) as the PAT in the January-March quarter was 20.13 crore. Raises Rs 342.55 Crore Earlier the company raised Rs 342.55 crore through the issue of equity shares and warrants on a preferential basis. In a regulatory filing the company announced the closure of fund raising of Rs 342.55 crore through a preferential allotment of equity shares and convertible warrants. The company said that the capital raised would be invested strategically to support both organic and inorganic growth opportunities. This investment is expected to reinforce FCLs commitment to enhancing shareholder value and advancing operational excellence potentially leading to future growth and increased shareholder returns. With PTI Inputs