DCM Shriram Industries’ demerger entities debut on bourses

Shares of DCM Shriram Fine Chemicals Ltd and DCM Shriram International Ltd, the two demerged entities from DCM Shriram Industries Ltd, began trading on stock exchanges on Tuesday, delivering a mixed debut that reflected cautious investor sentiment.

DCM Shriram Fine Chemicals opened at ₹50 on the National Stock Exchange of India, marking a decline of ₹10.58 or 17.46 per cent compared with its demerger price of ₹60.58. On the BSE, the stock started on a weak note at ₹50, down ₹8.50 or 14.53 per cent from the issue price of ₹58.50. The muted listing indicates subdued early demand for the chemicals-focused business as investors assessed valuation and outlook following the corporate restructuring.

DCM Shriram International shares likewise began trading in the red on the NSE, slipping ₹11.08 or 18.29 per cent to ₹49.50 against the same demerger benchmark price of ₹60.58. However, the counter showed resilience on the BSE, opening at ₹59, up ₹0.50 or 0.85 per cent from the issue price of ₹58.50. The contrasting performance across exchanges highlighted uneven sentiment toward the newly carved-out international business.

Meanwhile, DCM Shriram Industries opened flat at 39.40 on the NSE.

The market debut marks the formal completion of the demerger that split operations of DCM Shriram Industries into two separately listed companies aimed at sharpening business focus and unlocking shareholder value. Early trading trends suggest investors are still calibrating expectations for the independent entities, with pricing likely to stabilise as liquidity improves and clarity emerges on their standalone strategies.

Published on February 17, 2026