Anupam Rasayan's shares surged on March 11th. The company secured a 10-year, ₹922 crore contract with a Korean MNC to supply chemicals for the aviation-electronics sector starting FY26.
Stock Markets: Shares of Anupam Rasayan, a prominent chemical company, witnessed a surge on March 11th, 2025. The company's stock price rose by 2.90%, reaching a high of ₹810.55. However, by 9:32 AM, it had slightly decreased to ₹789.55, still showing a 0.23% increase. This surge is primarily attributed to a 10-year contract (LoI) signed with a major South Korean multinational company.
₹922 Crore Deal, Supply to Commence in 2026
Anupam Rasayan has signed a 10-year agreement to supply a specialized chemical worth ₹922 crore ($106 million). This chemical will be used in the aviation and electronics sectors. Supply under this deal will commence in fiscal year 2026 (FY26).
Commenting on the agreement, Gopal Agarwal, CEO of the company, stated, "This deal will further strengthen our global presence. Our expansion into South Korea will provide us with a new identity in one of the world's largest manufacturing hubs."
Anupam Rasayan: Company Overview
Anupam Rasayan is a leading Indian manufacturer of specialty chemicals. Established in 1984, it produces a wide range of high-end chemicals.
1. Life Science Specialty Chemicals:
Agrochemicals
Chemicals for personal care products
Pharmaceutical-related chemicals
2. Other Specialty Chemicals:
Pigments and dyes
Chemicals related to plastics and polymers
The company has 71 Indian and international clients, including 31 multinational companies. Anupam Rasayan has a total of six manufacturing plants located in Gujarat, four in Sachin, Surat, and two in Jhagadia, Bharuch. The company's total production capacity is 30,000 metric tons (MT).
Anupam Rasayan's Performance in the Stock Market
According to BSE (Bombay Stock Exchange) data, the company's total market capitalization is ₹8,679.63 crore. Over the past 52 weeks, the company's stock has reached a high of ₹954 and a low of ₹600.95.
