Kiri Industries Share Plummets Despite ₹5200 Crore DyStar Settlement

• Kiri Industries secured ₹5200 crore from an 11-year-old DyStar dispute, exceeding its ₹3048 crore market cap.
• Despite the massive cash inflow, the share price fell from ₹779 on January 1 to ₹506 by January 9, 2026.
• The decline is attributed to significant selling by Foreign Institutional Investors (FIIs) and public shareholders.
• Investors are concerned as 90% of the funds will be invested in new, high-risk projects like a copper smelter and fertilizer plant in Jafrabad, Gujarat.
• The company's shift from its core dyes business to a new sector is seen as a long-term, high-risk gamble by investors.

Why It Matters: Kiri Industries' shares crashed despite a huge settlement, as investors fear new high-risk ventures.