Platinum Industries Shares Up More Than 3% as DSIR Approves In-House R&D Center

Mumbai, September 23, 2025 — Shares of Platinum Industries Ltd (NSE: PLATIND, BSE: 544134) surged 3.43% during Tuesday’s trading session, to close at ₹324. This rally in the share was followed after the company announced the recognition of its in-house R&D center by the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology.

Headquartered in Mumbai, Platinum Industries Ltd operates in the specialty chemicals business with a value-hug different focus on stabilisers, lubricants, and PVC and allied industry additives. Listed on NSE and BSE, it continues to increase its footprint with new offerings and regulatory adherences.

Stock Market Performance

During the intraday trading, the stock touched its high of ₹328.10 and low of ₹307.55. With total traded volume of 8.49 lakh shares valued at ₹26.91 crore. The company’s market capitalisation was ₹1,783.69 crore, while its free float market cap was ₹517.83 crore.

Regulatory Approval by DSIR

The rally comes after Platinum Industries informed the exchanges that its in-house Research and Development (R&D) center at Palghar, Maharashtra, has been officially accredited by the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology. The authorization is valid from September 4, 2025, to March 31, 2028.

The recognition came as a positive note for the company as it offered relief in customs duty and other intangible benefits related to its R&D activities. Thereby improving its innovation capability in the specialty chemicals business.

Outlook

With DSIR clearance cementing its R&D reputation, Platinum Industries is likely to leverage this seal of approval to strengthen product development, lift cost efficiencies, and explore opportunities for export. The regulatory approval is expected by analysts to support long-term growth potential, especially in specialty chemicals for infrastructure and manufacturing sectors.

REF: https://nsearchives.nseindia.com/corporate/PLATINUM_23092025151620_Reg30Intimation.pdf

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