AMIORG

Feb 21 (Reuters) - Ami Organics Ltd AMIO.NS:

• AMI ORGANICS LTD - ANNOUNCES 1:2 STOCK SPLIT

Source text: ID:nBSE4WNVGx

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Feb 18 (Reuters) - Ami Organics Ltd AMIO.NS:

• TO CONSIDER SHARE SPLIT ON FEBRUARY 21, 2025

Source text: ID:nBSE7BRKty

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** Shares of Ami Organics AMIO.NS surges 16.4% to 2,199 rupees

** Pharma co says its Q3 consol net profit more than doubled Y/Y to 449.5 mln rupees ($5.2 mln), rev from ops rose 65.2% Y/Y

** Rev from AMIO's advance intermediates segment, which forms the bulk of Q3 rev, rose ~86% Y/Y

** Stock on track to snap three consecutive sessions of losses, if trend holds

** Share price currently above 50-day, 100-day and 200-day exponential moving averages

** More than 1.8 mln shares change hands, 6.9x of 30-day avg

** Avg rating of analysts equivalent of "strong buy", median PT is 2,250 rupees - LSEG data

** Stock rose 91.5% in 2024 vs 16.2% gains in 2023

($1 = 86.5650 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

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Dec 13 (Reuters) - Ami Organics Ltd AMIO.NS:

• AWAITING DEMAND ORDER FROM TAX DEPARTMENT FOR 102 MILLION RUPEES

Source text: ID:nBSE5Hj5yR

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** Shares of Ami Organics AMIO.NS surge 11.4% to 1,795.05 rupees, their highest in a month

** Pharma intermediates maker reported Q2 consol net profit of 373.3 mln rupees ($4.4 mln) from loss 188.5 mln rupees a year ago

** Profit growth driven by strong performance in pharma intermediates and specialty chemicals business, co said

** Raises revenue guidance for FY25 to 30% from 25% earlier

** Stock eyes busiest trading session since mid-September, volumes at 4.7x the 30-day avg

** Analysts' avg rating on stock is "Buy", median PT is 1,600 rupees - LSEG data

** Stock up ~60% YTD

($1 = 84.0750 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Aug 12 (Reuters) - Ami Organics Ltd AMIO.NS:

• JUNE-QUARTER CONSOL NET PROFIT 139.4 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.77 BILLION RUPEES

Source text for Eikon: ID:nBSEbDt3Sp

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June 18 (Reuters) - Ami Organics Ltd AMIO.NS:

• APPROVE FLOOR PRICE FOR QUALIFIED INSTITUTIONS PLACEMENT OF SHARES AT 1228.71 RUPEES PER SHARE

Source text for Eikon: ID:nBSE1BRFhy

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** Shares of pharmaceutical intermediates maker Ami Organics AMIO.NS rise 3.8% before trimming gains; last up 1.4%

** Co on Friday said Japan's drug regulator - the Pharmaceutical and Medical Devices Agency - inspected co's manufacturing facility in Surat for good manufacturing practices and concluded without any critical observations

** Inspected facility involved in making intermediates of active pharmaceutical ingredients

** Co exports products to Japan among other regions; its export revenue contributed to 56% of the overall rev in FY24

** Stock up 10% YTD, while smaller peer Hikal HIKA.NS is down 2.2% so far this year

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Shelter Pharma SHEH.BO up 7.6% to 52.7 rupees, its biggest intraday pct gain since May 3

** Pharmaceutical co got order worth $120,000 from Berlin International Medical Co

** SHEH is trading below its key 50-, 100- moving avgs

** Stock is down 4% YTD, compared to a ~3% surge and 6% decline in larger peers Ami Organics AMIO.NS and Hikal Limited HIKA.NS, respectively

** Stock is ~32% up from last August, when it made its market debut

(Reporting by Aleef Jahan in Bengaluru)

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April 26 (Reuters) - Ami Organics Ltd AMIO.NS:

• APPROVED RAISING OF FUNDS WORTH UPTO 991 MILLION RUPEES

• APPROVED RAISING OF FUNDS VIA ISSUANCE OF SHARES ON PRIVATE PLACEMENT BASIS

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April 23 (Reuters) - Ami Organics Ltd AMIO.NS:

• TO CONSIDER PROPOSAL TO RAISE FUNDS

Source text for Eikon: ID:nBSEMHFq4

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** Shares of Ami Organics AMIO.NS up as much as 2.8% to 1,255 rupees; last up 1.7%

** The speciality chemicals maker on Friday approved raising 5 bln rupees ($59.9 mln) via qualified institutional placement (QIP) of shares

** Average rating of five analysts covering the stock is "buy"; median PT is 1,315 rupees - LSEG data

** Including session's moves, AMIO up ~11% this year, far outpacing rivals Privi Speciality Chemicals PIVI.NS and Tatva Chintan Pharma Chem TATV.NS, which are down between 7.1%-21.8%

($1 = 83.4300 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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April 12 (Reuters) - Ami Organics Ltd AMIO.NS:

• AMI ORGANICS LTD - APPROVAL FOR RAISING OF FUNDS WORTH 5 BILLION RUPEES

Source text for Eikon: ID:nBSE748SqB

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March 14 (Reuters) - Ami Organics Ltd AMIO.NS:

• ACQUIRED EQUITY SHARES OF AMI ORGANICS

• COST OF ACQUISITION AT 63.1 MILLION RUPEES

Source text for Eikon: ID:nBSE6BVGf3

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** Shares of pharma intermediates maker Ami Organics AMIO.NS rise as much as 6.2% to 1,185.50 rupees

** AMIO on Friday was granted two process patents from Indian government, for a term of 20 years

** Avg analyst rating on stock is "buy"; median PT is 1,315.50 rupees as per LSEG data; this is a premium of ~11% to day's high

** Stock gained 4% last week, after three consecutive weeks of losses

(Reporting by Anisha Ajith in Bengaluru)

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Feb 12 (Reuters) - Ami Organics Ltd AMIO.NS:

• AMI ORGANICS DEC-QUARTER CONSOL NET PROFIT 167.5 MILLION RUPEES VERSUS PROFIT 228.8 MILLION RUPEES

• AMI ORGANICS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.66 BILLION RUPEES VERSUS 1.52 BILLION RUPEES

Source text for Eikon: ID:nBSE6gq3cp

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** Shares of Ami Organics AMIO.NS up 5.5% at 1,147.55 rupees

** Stock set for best day since May 2023 and to snap six-session losing run

** Specialty chemicals maker says started operations to manufacture and supply products for lithium-ion battery cells

** Nearly 840k shares traded in stock's busiest day in a month

** Analysts avg rating on AMIO is "buy", per LSEG data

** Stock trading at ~16% discount to analysts' median PT of 1,365 rupees - LSEG data

(Reporting by Ashna Teresa Britto in Bengaluru)

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** Shares of Ami Organics AMIO.NS reverses course to rise more than 2% to 1,107.9 after falling to a low of 5.6% on the day

** More than 4.6 mln shares traded in three blocks between 1,030 rupees and 1,034 rupees - LSEG data

** Stock sees most active day since Sept. 2021; trading volume at over 55x the 30 day avg

** Stock up ~13% YTD; it had fallen ~9.5% in 2022

(Reporitng by Nishit Navin in Bengaluru)

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Dec 14 (Reuters) - Ami Organics Ltd AMIO.NS:

• AMI ORGANICS LTD - ENTERED INTO DEFINITIVE AGREEMENT FOR MANUFACTURE OF TWO ADVANCED PHARMACEUTICAL INTERMEDIATES PRODUCT

• AMI ORGANICS LTD - ENTERED INTO DEFINITIVE AGREEMENT WITH FERMION, UNIT OF ORION CORPORATION, FINLAND

Source text for Eikon: ID:nBSE7MLGJQ

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Sept 15 (Reuters) - Ami Organics Ltd AMIO.NS:

• ENTERED INTO SUPPLY AGREEMENT WITH FERMION, UNIT OF ORION CORPORATION, FINLAND

• SUPPLY AGREEMENT WITH FERMION FOR SUPPLY OF AN ADVANCE PHARMACEUTICAL INTERMEDIATES PRODUCT

Source text for Eikon: ID:nBSE6lpWXZ

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** Shares of Ami Organics AMIO.NS rise as much as 3.26% to 1,249.50 rupees

** Specialty chemicals maker posts 12% Y/Y uptick in consolidated profit after tax in June quarter to 166.5 mln rupees

** Revenue up 8.4% at 1.42 bln rupees; EBITDA, as calculated by Reuters, up 9.7% Y/Y

** Trading volume at 160,205 shares as of 2:00 p.m. IST, nearly twice the 30-day avg - Refinitiv data

** Of the six analysts tracking AMIO, two maintain "strong buy" and four suggest "buy"; median TP is 1,365 rupees

** AMIO up 28.5% in 2023 so far, including Friday's rise, compared to 7.6% rise in Nifty 50 index .NSEI

(Reporting by Bharath Rajeswaran in Bengaluru)

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Aug 4 (Reuters) - Ami Organics Ltd AMIO.NS:

• AMI ORGANICS LTD - APPROVED ISSUE UPTO 443,500 SHARES OF CO VIA PREFERENTIAL ISSUE ON PRIVATE PLACEMENT BASIS

• AMI ORGANICS LTD - APPROVED ISSUE OF SHARES AT A PRICE OF 1169 RUPEES PER SHARE, AMOUNTING TO 518.5 MILLION RUPEES

Source text for Eikon: ID:nBSE5KSH8x

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** Shares of Ami Organics AMIO.NS fall as much as 2.89% to 1,261 rupees

** Stock of the speciality chemicals maker drops after high net-worth investor Girishkumar Chovatia sold 360,000 shares at 1,265 rupees apiece on Monday

** Girishkumar Chovatia held an 8.5% stake in AMIO, ahead of the transaction, according to shareholding pattern data from National Stock Exchange

** Two of five analysts tracking AMIO maintain "strong buy", while three suggest "buy"; median TP is 1,330 rupees

** Stock up 32% in 2023, versus a 3% gain in Nifty 50 index .NSEI

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Shares of Ami Organics Ltd AMIO.NS rise as much as 4.79% after co reports rise 27.6% rise in Q4 net profit

** Revenue from operations up 29%, core profit rises 58%

** Stock hits eight-month high at 1,115.00 rupees

** Trading volume is ~306,500 shares as of 11:34 a.m. IST, highest since Nov. 29, 2022 - Refinitiv data

** Five analysts rate stock 'buy' or higher; median PT is 1,335 rupees

** Including session's gains, stock up ~15% YTD

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463))

** Shares of specialty chemicals maker Ami Organics Ltd AMIO.NS rise as much as 4.1% to 1099.75 rupees, hitting their highest since Sept. 15, 2022, last up 1.6%

** Co forays into semiconductor industry through purchase of 55% stake in Baba Fine Chemicals (BFC), a maker of specialty chemicals used in chip and electronic industry

** Deal at a consideration of 682 mln rupees ($8.3 mln)

** Stock trading above its 50-, 100-, and 200-day moving averages

** Relative Strength Index above 70, at 78.70, suggesting that stock is overbought

** Moving Average Convergence Divergence (MACD) line above the signal line since April 5, suggesting bullish momentum

** All of five analysts covering stock have a "buy" or higher rating; median PT is 1,335 rupees - Refinitiv data

** Stock up 9.5% so far this year, up to last close

($1 = 82.0850 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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