Privi Speciality Chemicals Shares Plunge 13% Amid Promoter Block Deal

• Privi Speciality Chemicals shares dropped 12.4% on Wednesday due to a promoter block deal.
• A promoter entity sold approximately 6.3% stake (3.88 million shares) worth ₹700 crore at a discounted price.
• Despite the dip, the stock gained 65% in 2025, its best year since 2021.
• Motilal Oswal included Privi Speciality Chemicals in its top 10 picks for 2026, citing strong growth potential in the global aroma chemicals market.
• Capacity expansion and merger with Privi Fine Sciences are expected to drive future revenue and EBITDA growth, with a target price of ₹3,960.

Why It Matters: Privi Speciality Chemicals shares fell due to a promoter stake sale, but analysts see strong long-term growth.