Shares of Anupam Rasayan India Limited surged after the company announced its 10-year letter of intent with a leading Korean multinational company. The deal, valued at $106 million (approximately ₹922 crores), involves supplying a high-performance speciality chemical from FY26. The Korean firm is known for its leadership in speciality chemicals, particularly for aviation and electronics applications.
Strategic expansion and market impact
With this agreement, Anupam Rasayan expands its global reach, particularly in South Korea, one of the world's most advanced manufacturing hubs. The company's CEO, Gopal Agrawal, highlighted the significance of this deal, stating that it reflects their strong R&D capabilities and commitment to innovation.
Anupam Rasayan shares outperform benchmarks
The company's stock closed 0.94% higher at ₹787.79 on March 10, 2025. It has advanced 9.2% this year, outperforming benchmarks that are currently trading in negative territory. Investors keen to capitalise on this momentum may consider options to buy shares online and monitor future developments in the company.
Financial performance and growth outlook
For the quarter ending December 2024, Anupam Rasayan reported a net profit of ₹19 crores, marking a 27% increase from ₹15 crores in the same period last year. However, revenue from operations saw a slight dip to ₹212 crores from ₹215 crores a year ago. Despite this minor decline, the company's long-term growth outlook remains strong.
Why investors are considering buying shares online
Given Anupam Rasayan's recent performance and strategic expansion, market analysts believe this deal could drive long-term growth. For investors looking to buy shares online, this announcement provides a strong reason to keep an eye on the company's future prospects.
As of 11:30 AM on March 11, 2025, Anupam Rasayan India Limited's share price stands at ₹792. With the increasing digitalisation of stock trading, it has become easier than ever to buy shares online and track investments in real-time. The company's strong financial performance and strategic global partnerships could make it an attractive option for those seeking long-term investments.
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