Himadri Speciality Chemical denies tie-up rumours with Tesla for batteries; Stock ends 8% up

"We would like to clarify that the Company is in no such discussions for any tie-up with Tesla," HSCL added.

Jun 17, 2021 04:06 IST India Infoline News Service

Himadri Speciality Chemical (HSCL) on Thursday denied rumours circulating that the company plans to tie-up with electric vehicle-giant Tesla for batteries.

HSCL said, "This is with reference to the rumour being circulated today on social media platforms regarding “HSCL likely to announce a strategic tie-up with Tesla for batteries.”

"We would like to clarify that the Company is in no such discussions for any tie-up with Tesla," HSCL added.

On Sensex, HSCL closed at Rs57.80  per piece up by 7.64%.

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