Shares of DCM Shriram saw a 2% increase following the successful commissioning of a new Hydrogen Peroxide plant in Jhagadia, Bharuch, Gujarat. The company announced the completion of its state-of-the-art Hydrogen Peroxide plant with a capacity of 52,500 TPA. H2O2 will not only enhance DCM Shriram's chemicals business portfolio but also serve as a downstream product to Hydrogen produced at their Chemicals complex. Hydrogen Peroxide finds various applications such as bleaching, water treatment, chemical synthesis, and more. In their Q1FY25 financial report, DCM Shriram witnessed a remarkable 77.2% year-on-year increase in net profit, reaching Rs 100.3 crore. Revenue grew by 4.6%, amounting to Rs 3,073 crore, and Ebitda surged by 49.1% to Rs 247.7 crore. The company had previously launched a Sulphate of Potash Plant and signed an MoU with the Government of Gujarat for chemical and petrochemical investments. DCM Shriram, a part of the DCM Group, operates across various industries and has manufacturing facilities in Rajasthan and Gujarat. Despite a slight dip in share prices later in the day, the company's positive financial performance and strategic investments indicate a promising growth trajectory.