Anupam Rasayan Share Price Rises 7% On Signing Rs 135-Crore Deal With Japanese Firm
- ByAyushi Ray | August 30, 2021
Anupam Rasayan share price rises 7% on signing Rs 135-crore deal with Japanese firm. The company received and signed a Letter of Intent (LoI) amounting to Rs 135 crore with a Japanese multinational chemical company for supplying a life sciences-related speciality chemical product, the company said in a press release. The company will enter into a long-term contract with the Japanese multinational firm for the next four years to supply this life science-related speciality chemical product. “This order will further strengthen our revenue and profitability visibility and also showcases the quality of the product allowing the customer to depend upon the company on long term basis making Anupam Rasayan, a preferred partner for these MNCs,” said Anand Desai, Managing Director of Anupam Rasayan.
At 1015 hours, Anupam Rasayan India was quoting at Rs 771.95, up Rs 34, or 4.61 percent on the BSE. Anupam Rasayan is one of the leading companies engaged in the custom synthesis and manufacturing of specialty chemicals in India. Our business verticals are (i) life science related specialty chemicals comprising products related to agrochemicals, personal care and pharmaceuticals, and (ii) other specialty chemicals, comprising specialty pigment and dyes, and polymer additives. With our customers at the heart of everything we do, our focus is to manufacture products with sustainability using our continuous process technology through flow chemistry and photochemistry, greater R&D and engineering capabilities to deliver values for our customers for their complex and multi-step synthesis projects.
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