Shares of Aether Industries soared 10 per cent to Rs 1,023.15 on the BSE in Thursday’s intra-day trade after the company said it executed Letter of Intent (LoI) with US-based leading global Oil Field Services Company for strategic supplier and contract manufacturing partnership. The stock was trading close to its 52-week high of Rs 1,050, touched on September 19, 2022.
At 12:46 PM; the stock was trading 6 per cent higher at Rs 986, as compared to 0.12 per cent decline in the S&P BSE Sensex. Aether Industries is one of India’s leading speciality / fine chemical manufacturer and preferred provider of Contract Research and Manufacturing Services.
