HDFC Securities Pick of the Week 27th Sep'26: Jubilant Ingrevia Ltd

Jubilant Ingrevia is a globally scaled leader in acetic anhydride, pyridine and derivatives, serving 1,600+ customers across 63 countries. After completing a pivotal ₹1,700‑cr capex cycle, the company has transitioned from a product‑led intermediates maker to a high‑margin Specialty Chemicals & CDMO solutions partner, supported by strong non‑China scale in pyridine.

Investments in Diketene and CDMO reduce margin volatility, while the 40% stake in Zettaone Technologies strengthens the electronics/semiconductor value chain.