Swan Corp Ltd's shares declined by 3.27%, closing at ₹341.2 on May 12, 2026. The trading range indicated bearish sentiment, with the stock fluctuating between 338.2 and 351.65.

The Nifty Chemicals index experienced a 3.4% drop due to the government's decision to eliminate import duties on crucial petrochemicals, potentially causing increased competition for companies like Swan Energy (-5.6%) and SRF (-5.5%). Analysts predict these firms may face margin pressures as a result.