BASF stock trades below its yearly high as India MDI plan advances

Published on 09/25/2026 at 12:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BASF stock was EUR 52.03 on Xetra on September 25, 2026, below its EUR 55.05 yearly high. BASF is studying an Indian MDI complex after Q2 revenue rose to EUR 17.2 billion.

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BASF stock (ISIN DE000BASF111) was trading at EUR 52.03 on Xetra on September 25, 2026, 5.49 percent below its 52-week high of EUR 55.05. The company has secured land in India for a potential MDI production complex, giving the shares a concrete expansion topic as the stock remains below its yearly peak.

India MDI study sets next test

According to BASF on September 21, 2026, its Indian subsidiary secured an industrial site in Dahej, Gujarat, while BASF studies a potential MDI complex. MDI is a key input for polyurethane products, so the project would connect local production with regional customer demand.

The investment is still subject to an advanced feasibility study, which makes execution the central variable rather than an immediate earnings contribution. BASF has also appointed Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan to prepare the planned Agricultural Solutions IPO, targeted for a Frankfurt listing by mid-2027, according to BASF on September 14, 2026.

Second-quarter figures reset scale

In the second quarter of 2026, BASF revenue rose 16 percent year over year to EUR 17.2 billion, while earnings before special items reached EUR 2.4 billion, according to Stock World. The same report said pricing increased 11.5 percent and volumes grew 7.3 percent during the quarter.

BASF raised its 2026 EBITDA before special items outlook to EUR 6.9 billion-7.7 billion, compared with the companys earlier view, after the second-quarter result exceeded market expectations, Stock World reported. The figures put operating delivery ahead of the strategic timetable: current earnings are measurable, while the India project remains a capacity decision.

Bernstein lifts its price target

Bernstein Research raised its BASF price target from EUR 62 to EUR 63 and kept its Outperform rating after management discussions, as MarketScreener reported on September 23, 2026. The new target stands EUR 10.97 above the Xetra price cited here, while the reference price is 17.41 percent below that target.

Stock stays below yearly high

BASF stock was trading at EUR 52.03 on Xetra on September 25, 2026, down EUR 0.27 or 0.52 percent from the prior close of EUR 52.30. The session range was EUR 51.85 to EUR 52.25, with volume of 393,690 shares and market capitalization of EUR 44.86 billion.